Year 2000 EMC Society Financial Summary
	by Warren Kesselman, Treasurer, EMC Society

IEEE's post audit report on EMC's 2000 financial operations indicates the Society's net for the year was a surplus of $104,000. The Society's 2000 expenses (excluding symposium finances that are administered by the individual symposium's Treasurer) were $545,000. Of that total, periodical production and distribution costs were $116,000; Committee expenses were $173,000; the Newsletter cost $63,000 to print and distribute; IEEE administrative support costs totaled $38,000; and, the Society's share of IEEE's infrastructure deficit was $155,000. Income from periodical sales was $237,000; symposia net surplus was $282,000; the IEEE Book Broker program net was $36,000; member fees provided $64,000; and, interest on the short-term investment funds was $30,000. The long-term investment return was 1.03%. The charts below give a pictorial view of the above information. EMC

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