Indian Arts and Crafts Association 2015 Annual Report - page 8

8 |
P a g e
INDIAN ARTS AND CRAFTS ASSOCIATION 2014 ANNUAL MEMBERSHIP REPORT
Financial Summary
IACA
Today, IACA is on solid financial ground. That was not the case just a few short years ago, as
described in the chart below. Revenues were lower in 2013 due to a shift in membership renewal
protocols which changed from a member anniversary date renewal to a fixed November 1
membership renewal date. Additionally, IACA did not host a fall wholesale market in 2013 which
had an impact on 2013 revenues. 2014 Net Income was down significantly largely due to a grant
provided to the IACA Education Fund to offset losses incurred by the Education Fund.
FINANCIAL SUMMARY
IACA Education Fund
1,2,3,4,5,6,7 9,10,11,12,13,14,15,16,17,18,...21
Powered by FlippingBook