The ATA Chronicle - January/February 2022 - 11

improvement year-on-year,
as certain expenses were kept
in check by the pandemic.
As mentioned at the
outset, Membership dues
($1.56 million) remained
the main source of revenue,
though they were down
somewhat (-5.2%) from a
year before. The fully virtual
Annual Conference generated
significantly less revenue
(-$342,947) than the event
in Palm Springs, but its lower
cost enabled us more or less
to break even. Another major
decline was revenue from
Certification ($63,050), down
(-67%) year-on-year as a
result of almost no exam
sittings during this period.
Nearly all revenue came from
certification practice exams.
One bright spot was revenue
from Webinars ($75,410),
which tripled from a year
earlier, with more webinars
offered and higher average
attendance. We are on track to
record a 162% improvement
in this program's performance
over June 2020.
Other good news is
that Total Expenses were
significantly lower (-20.4%)
for many of these same
reasons. (See Figure 2.) The
majority of ATA's spending
(62%) went to Program
Services ($1.39 million)
after overhead allocations.3
Spending on the various
programs was much lower
(-27.9%) mainly because the
virtual Annual Conference
($411,018) cost so much less
than a conventional event.
In addition, Certification
program expenses ($178,519)
were down quite a bit
(-33.4%), as fewer exams
had to be graded.
Supporting Services
accounted for the
www.ata-chronicle.online
FIGURE 2
Breakdown of
Total Expenses
(July 1, 2020-May 31, 2021
FIGURE 1
Breakdown of
Total Revenue
(July 1, 2020-May 31, 2021)
Association's next biggest
expenditure, at $835,155,
and they were also kept
in check (-6.1%). These
services include staff
salaries/benefits, general
and administrative expenses,
Board meetings, public
relations, marketing, etc.
Figure 2 shows how ATA
spent its money over the first
11 months of the fiscal year.
Membership: 1,558,262 * 62%
Conference: 490,914 * 20%
Certification: 63,050 * 3%
Chronicle: 4,689 * 0%
Publications: 2,905 * 0%
PD-Webinar/Podcast:
75,410 * 3%
PD-Seminars: 0 * 0%
Dividend/Interest: 28,131 * 1%
Gain/(Loss) Investment:
257,044 * 10%
Other Revenue: 17,055 * 1%
Membership: 313,884 * 14%
Conference: 411,018 * 19%
Certification: 178,519 * 8%
Chronicle: 205,197 * 9%
Publications: 87,273 * 4%
PD-Webinar: 48,769 * 2%
PD-Seminars: 13,715 * 1%
Divisions: 132,105 * 6%
PR/Officers/Governance:
53,038 * 2%
Salaries: 400,721 * 18%
General & Administrative:
381,396 * 17%
Major Program Results
Individual ATA programs
tend to run at a loss,
meaning they are not
self-sustaining and require
membership dues to
finance them. Figure 3 on
page 12 shows the revenue
(blue), expenses (green),
and net gain or loss (gray)
for each program. For
instance, the gray section
of Membership shows the
positive net funds available
($1.24 million) from dues,
after deducting overhead.
Whereas the column next to
it, Publications, contains a
negative figure (-84,368),
meaning that this program is
in the red and needs dues to
operate. Note that individual
columns are not to scale, in
terms of comparing figures
from one with another.
Certain programs, such
as the Chronicle, Divisions,
and Seminars, were almost
entirely subsidized by
dues. Other programs,
including the Conference and
Certification, generate some
revenue that helps offset
their costs.
So far this fiscal year, two
programs are in the black:
the Conference and Webinars,
which have brought in
enough revenue to cover their
respective expenses.
American Translators Association 11
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The ATA Chronicle - January/February 2022

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