Wednesday, 12 December 2018

Financial Health of Canadian Genealogical Societies - Update

Below is an update to the post on 4 October  to cover the remaining three societies without 2017 information available at that time.

In total of those examined there were seven societies with annual surpluses. Five had annual deficits.

The mean annual membership fee was $54.09, the median $50, the maximum $75 and minimum $39.

Alberta Genealogical Society
For the reporting period ending 2017-12-31. Total assets of $624,963 ($612,912, $595,845, $558,845, $606,312, $540,282), and liabilities of  $225,753 ($229,017, $251,116, $213,134, $257,883, $200,592). The total revenue was $291,747, ($264,331, $294,466, $208,033, $229,344, $254,380). Expenditures totaled $276,432, ($225,165, $295,448, $210,752, $250,276, $218,231). The individual annual membership fee remains at $50 for digital journal subscription, $60 for paper.

New Brunswick Genealogical Society 
For the reporting period ending 2017-12-31. Total assets of $182,646 ($186,437, $ 180,604, $177,857, $182,016, $194,048) and liabilities of $14,159 ($16,428, $14,045, $13,844, $13,224, $21,542). Total revenue was $38,412 ($35,424, $ 40,102  $37,517, $33,846, $37,121). Expenditures totaled $41,331 ($33,639, $46,629, $43,588 $39,396, $36,974). The individual annual membership fee is $40.

Saskatchewan Genealogical Society
For the reporting period ending 2017-12-31. Total assets of $159,582 ($141,278, $114,170, $86,875, $106,334, $46,921). Liabilities totaled $123,268 ($123,279, $135,921, $127,116, $125,662, $65,054). Total revenue was $235,969 ($280,227, $237,391, $239,577, $256,667, $261,767). Expenditures were $217,654 ($244,704, $252,436, $260,490, $268,140, $262,316), Basic annual membership is increased to $70.

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