Operating Statement for the year ended December 31, 2011
IMAC REVENUES
Membership Dues $ 18,220.56
IMAC Regions 6,710.19
AMA NATS 2,445.00
PayPal Interest 8.32
Trade Shows 40.00
Advertising 6,870.00
Miscellaneous 749.00
TOTAL 2011 INCOME $ 35,043.77
IMAC EXPENSES
Awards $ 157.90
Exchange Rate 7.50
GoToMeeting Account 348.00
Judging Guides 1,179.43
Judging Schools 1,025.40
Judging School Travel 457.32
Miscellaneous 16.15
National Judging School-2011 5,168.55
NATS 11,461.89
Office Expense 104.47
Printing/Postage/Shipping 141.67
Regional Expenses 9,091.36
Software 273.23
Trade Shows 4,342.40
Website 3,812.89
TOTAL 2011 EXPENSES $ 37,588.16
2011 SURPLUS/(DEFICIT) $ (2,544.39)
ADD: 2010 RET. EARNINGS $ 23,842.64
12/31/2011 END. BALANCE $ 21,298.25