For the 12 Months Ending December 31, 2025 Revenue
In the following is the budget for the last year. Membership service revenues increased by over $14,000, primarily driven by an increase in membership dues. Revenue generated by the ARPAS journal was about $4,000 less than the budget prediction primarily because of AAS waiving publication charges. However, open access charges were over $8,000. ACAS dues generated over $3,000 more than budgeted. Other revenue increased by $35,000, driven by a donation and investment gains. Total revenue was $342,956, $48,000 over that projected in the initial budget.

Expenses
Membership service expenses increased by over $2,700, driven primarily by online exam costs. Member costs were slightly less than projected, resulting in a reduction of approximately $140. Also, ACAS costs were considerably less than projected, resulting in an expense of $993 as compared with the budgeted expense of $2,795. This was mainly due to decreased ACAS staff support.

The ARPAS journal resulted in a greater expense than budgeted. The open access fee was $8,000 over what was projected. Marketing service fees were over $6,500. Total expenses of the journal were $10,000 over budget. Annual meeting costs were almost $2,000 less than projected. The administrative and governance expenses were over $50,000 more than projected. This was driven primarily by the FASS service fees and FASS marketing service fees.

2025 Budget Summary