Operating Statement for the year ended December 31, 2014
IMAC REVENUES
Membership Dues $ 16,905.14
IMAC Regions 6,466.43
Red Book Sales 475.00
AMA NATS 1,592.50
USA Team Shirts/Decals 1,898.53
Miscellaneous 36.76
Total IMAC Revenue $ 27,374.36
IMAC WORLDS REVENUES
IMAC World Championship $ 52,835.16
TOTAL 2014 INCOME $ 80,209.52
IMAC EXPENSES
Awards $ 96.75
Bank Fees 49.80
GoToMeeting Account 295.00
Judging Schools 1,328.96
National Judging School 1,466.40
NATS 5,467.42
Office Expense 46.92
Printing/Postage 231.42
Regional Expenses 5,790.88
Shipping 113.16
Trade Shows 3,661.12
USA Team Shirt/Decal Exp 2,368.55
Website 3,716.43
Total IMAC Expenses $ 24,632.81
IMAC WORLD EXPENSES
IMAC World Championships $ 47,343.10
TOTAL 2014 EXPENSES $ 71,975.91
2014 SURPLUS/(DEFICIT) $ 8,233.61
ADD: 2013 RET. EARNINGS $ 34,289.61
12/31/2014 END. BALANCE $ 42,523.22