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SAE INTERNATIONAL
Notes to the Financial Statements (Continued) Note 9 - Operating Leases SAE leases off-site office space through noncancelable operating leases that expire at various dates through July 2017. Rental expenses aggregated approximately $436,000 for 2011 and $419,000 for 2010. Future minimum lease payments as of December 31, 2011 are approximately: Year Ending December 31 2012 2013 2014 2015 2016 Thereafter Amount $ 398,000 312,000 312,000 312,000 312,000 182,000 $1,828,000 SAE also leases office space to tenants in its Thornhill Road properties. Rental income is included in other products and services on the statements of activities. Future minimum lease payments to be received under noncancelable operating leases as of December 31, 2011 are approximately: Year Ending December 31 2012 2013 2014 2015 2016 Amount $ 621,000 621,000 625,000 625,000 161,000 $2,653,000 Note 10 - Contributed Services Contributed services consist of donated services and expertise related to developing, reviewing, revising, and updating technical standards for the ground vehicle and aerospace industries. The value of these services was approximately $5,133,222 at December 31, 2011 and $4,173,000 at December 31, 2010.

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SAE Annual Report 2011

Table of Contents for the Digital Edition of SAE Annual Report 2011

SAE Annual Report 2011
Contents
Executive Message
Sectors – Aerospace, Automotive and Commercial Vehicle
Membership
Aerospace Standards
Ground Vehicle Standards
Publishing
Magazines and Books
Engineering Events and Meetings
Pre-professional Education
SAE Foundation
Professional Development
Performance Review Institute
Financial Information
Board of Directors
Affiliates and Sections
International Business Partners
SAE Annual Report 2011 - SAE Annual Report 2011
SAE Annual Report 2011 - Cover2
SAE Annual Report 2011 - Contents
SAE Annual Report 2011 - Executive Message
SAE Annual Report 2011 - 3
SAE Annual Report 2011 - Sectors – Aerospace, Automotive and Commercial Vehicle
SAE Annual Report 2011 - 5
SAE Annual Report 2011 - 6
SAE Annual Report 2011 - 7
SAE Annual Report 2011 - Membership
SAE Annual Report 2011 - 9
SAE Annual Report 2011 - Aerospace Standards
SAE Annual Report 2011 - Ground Vehicle Standards
SAE Annual Report 2011 - Publishing
SAE Annual Report 2011 - Magazines and Books
SAE Annual Report 2011 - 14
SAE Annual Report 2011 - Engineering Events and Meetings
SAE Annual Report 2011 - Pre-professional Education
SAE Annual Report 2011 - SAE Foundation
SAE Annual Report 2011 - 18
SAE Annual Report 2011 - Professional Development
SAE Annual Report 2011 - Performance Review Institute
SAE Annual Report 2011 - Financial Information
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SAE Annual Report 2011 - Board of Directors
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SAE Annual Report 2011 - Affiliates and Sections
SAE Annual Report 2011 - International Business Partners
SAE Annual Report 2011 - Cover4
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