IOTA Membership Report and Financial Status Update
Discover the latest updates on IOTA membership trends, income, expenses, balance sheet, and affiliate memberships. Get insights into the changes since September 2019 and the current financial standing of the organization.
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IOTA Secretary/Treasury Report IOTA Secretary/Treasury Report July 25 2020 Joan Dunham IOTAtreas@yahoo.com
Changes Since September 2019 Changes Since September 2019 Printed copy memberships were ended and those memberships converted to online JOA access memberships Few IOTA members used this option Printing the JOA became increasingly difficult and expensive Journals of other organizations converting to online-only All IOTA members have email addresses Existing print memberships were converted to online, with adjustments for unused printed issues No print member requested a refund Affiliate Membership added as a category more discussion at the end
IOTA Membership IOTA Membership MEMBERSHIP TRENDS 180 163 149 160 142 132 132 140 113 120 105 104 101 94 95 97 94 87 100 65 67 80 60 45 40 20 0 Current total membership: 113
Income and Expenses 10/1/19 Income and Expenses 10/1/19 7/15/20 7/15/20 EXPENSES JOA Production VTI Production Awards INCOME Memberships Royalties (VTI and RunCam sales) $ 6000.00 Donations TOTAL INCOME $ 1514.46 $ 1385.50 $ 5070.00 $ - $ 162.96 $ 6584.46 TOTAL EXPENSES $ 7548.46 NET INCOME $ 964.00 Note: IOTA has not yet been billed for production expenses for JOA 2020-3
IOTA Balance Sheet IOTA Balance Sheet Category Cash on Hand Special Purpose Funds Description Bank and PayPal Amount $12154.87 $ 3000.00 $ 500.00 MADAMO* Award Web Server Fund Net Worth - $8654.87 *W. J. Merline Award for Discovery of an Asteroid Moon by Occultation (MADAMO)
VTI and RunCam Inventory VTI and RunCam Inventory Item Ready for Sale In Fabrication RunCam 27 Focal Reducers 22 VTI 7 SVID2USB232* 3 Sufficient parts to complete kits as orders arrive adaptors, cables, battery holders * Note that the SVID2USB23 has been replaced by the SVID2USB232.
Affiliate Membership Affiliate Membership Purpose Non-voting membership for Astronomy related organizations, clubs, businesses, and for schools and museums, in the North American continent USA, Canada, Mexico Mechanism for wide-spread distribution of event information bright stellar occultations by asteroids, bright grazing occultations, etc. Details Memberships limited to those organizations referred by regular IOTA members Reduce inappropriate applications from spammers Announcement to members coming in August with information on how to refer a club or other organization for an affiliate membership Membership free to approved organizations Requires annual renewal, certification that the membership is for a group, and identifying 2 contacts
