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1996 Financial Highlights

by Kathi Richards

1996 ended a while ago, but we finally closed the books in the third quarter of 1997. The final numbers are presented here.

When examining the Committee’s supporting services costs, it’s always worth noting that about twenty percent of them come from the Information Center and Bookstore sales program—a program which more than pays its way through sales income. The bookstore is doing even better in 1997; expect to see sales revenues continue to add significantly to the Committee’s bottom line.

Also note that we spent nearly four times the amount of money on educational outreach as on fundraising.

You may be wondering if it will take another twelve months to report on 1997. We certainly don’t expect it to! Audited financial statements should be ready by summer, and a 1997 report should be available here in the Newsletter in the fall.

Once again, the bottom line is that the Committee’s work is accomplished with funds generously provided by you, our members and supporters. Given the relatively small size of our budget, the impact of your donation, bequest, and membership contributions is large. Thank you! Be sure to visit the lake if you can to see what your support is accomplishing!

Kathi Richards is the Committee’s Controller and chief number cruncher. She’s the proud owner of new ski boots.

Mono Lake Committee
Fiscal Year 1996 Revenue and Expense

Public support and revenue
Public support                                                 Amount
Member contributions                                $ 603,295
Foundation grants                                      $ 25,500
Donations and bequests                             $ 42,324 
Total public support                                        $ 671,119

Revenue
Program service revenue                                $ 28,717
Information Center and Bookstore program     $ 117,707
Interest and other                                        $ 34,135 
Total revenue                                                $ 180,559

Total public support and revenue                $ 851,678

Expenses by program
Program services
Public education and outreach                    $ 440,144
Mono Lake litigation                                  $ 26,086
Research and policy development               $ 150,856
Lobbying                                                   $ 4,416  
Total program services                           $ 621,502

Supporting services
Fundraising                                                  $ 118,420
Management and general                            $ 119,034
Information Center and Bookstore program $ 62,932
Total supporting services                       $ 300,386

Total expenses                                         $ 921,888

Change in net assets                                    $ (70,210)

Net assets at beginning of year                    $ 1,092,796

Net assets at end of year                            $ 1,022,586

Audited financial statements are available on request

Return to Winter 1998 Newsletter

Copyright © 1996-2007, Mono Lake Committee.

Last Updated January 07, 2007