IOTA Business Overview

• Starting Balance: 2011 July 11– $6,305.46

• Ending Balance: 2012 October 19 – $5,997.29

• Net decrease in Balance:– $308.17

IOTA Business Overview• Membership Income: $3,607.37

• Interest: $6.98

• IOTA-VTI Royalties:$786

• PayPal Balance: $510.64

• Expenses– Printing/mailing costs: $2,617.18– JOA layout/design: $1,973.88 (6 issues)– Web service: Still donated– Awards $ ?– Fees: PayPal fees totaled $55.10

IOTA Business Items

• JOA publication– On schedule (slightly behind on current issue)– Obvious European ‘flavor’, need more global

contributions?

• Online access– Issues uploaded well before print copies are delivered– Encouraged to switch to online access, although…

• Complaints– Only from EBSCO-type services

Membership/Subsciptions #s

• Print– 67 USA– 20 Outside USA

• Online-only– 45 subscribers

JOA 1203 costs

• Layout/Design:– $305.99 (Є238)

• 90 Copies Printed:– $232.56

• Envelopes/Labels/Printable Postage Sheets:– $124.30 (purchased every 2-3 issues)

• Postage:– $332.56

JOA 1203 costs

• Net cost of ~$912.55 for this issue– (“about” due to irregularity in supplies)

• 87 issues mailed so each issue cost ~$10.49

• Price paid per issue by members depends upon several factors (location, payment & delivery options) but is ~$10.29