SAE Annual Report 2009 - 30

SAE International

Statement of Activities and Changes in Net Assets

SAE INTERNATIONAL

Statement of Activities and Changes in Net Assets

For the Year Ended December 31, 2009 (With Comparative Totals for 2008)

Unrestricted OPERATING ACTIVITIES Revenues and Public Support Meetings and conferences Magazines and publications Membership and Sections Technical standards Other products and services Contributions Pledges Contributed services Net assets released from restrictions Total Revenues and Public Support

Temporarily Restricted

Permanently Restricted

2009 Total

2008 Total

$

8,589,975 23,738,939 3,677,390 2,803,801 2,294,495 193,955 4,083,450 2,331,953 47,713,958

$

59,584 283,072 321,158 (2,331,953) (1,668,139)

$

-

$

8,589,975 23,738,939 3,677,390 2,803,801 2,354,079 477,027 321,158 4,083,450 46,045,819

$ 16,081,700 27,937,434 4,061,275 4,645,895 2,618,013 811,923 404,337 4,287,315 60,847,892

Expenses - Note 10 Meetings and conferences 11,622,359 Magazines and publications 7,419,837 SAE INTERNATIONAL Membership and Sections 1,692,427 Technical standards 4,573,522 Other products Statement of Activities and Changes in Net Assets (Continued) and services 5,236,314 Administrative services 9,554,217 SAE Foundation 2,670,406 Contributed services Ended December 31, 2009 (With Comparative Totals for 2008) 4,083,450 For the Year Total Expenses Increase (Decrease) in Net Assets From Operations 46,852,532 861,426 Unrestricted

-

Permanently Restricted

11,622,359 7,419,837 1,692,427 4,573,522 5,236,314 9,554,217 2,670,406 4,083,450 46,852,532 2009 (806,713) Total

17,496,058 9,991,990 2,375,559 6,410,701 7,187,917 10,920,571 3,838,641 4,287,315 62,508,752 2008 (1,660,860) Total

Temporarily (1,668,139) Restricted

NONOPERATING ACTIVITIES New business development activities Investment activities - Note 3 Pension adjustment - Note 7 Loan activity - Note 6 Workforce reductions The accompanying notes are an integral part of these Sections liability adjustment - Note 14 SAE Institute debt forgiveness - Note 14 Total Nonoperating Activities Increase (Decrease) in Net Assets From Continuing Operations Loss From Discontinued Operations - Note 9 Increase (Decrease) in Net Assets

(2,924,473) 7,407,432 5,470,482 (218,520) (2,714,283) financial statements. 464,437 (966,573) 6,518,502

(66,558) (66,558)

-

(2,924,473) 7,340,874 5,470,482 (218,520) (2,714,283) 464,437 (966,573) 6,451,944

(2,823,405) (15,853,480) (15,285,618) (1,249,837) (Continued) Page 4 (35,212,340)

7,379,928 (552,601) 6,827,327 12,544,673 $ 19,372,000 $

(1,734,697) (1,734,697) 11,028,732 9,294,035 $

1,508,754 1,508,754

5,645,231 (552,601) 5,092,630 25,082,159 $ 30,174,789

(36,873,200) (247,486) (37,120,686) 62,202,845 $ 25,082,159

The accompanying notes are an integral part of these financial statements.

Net Assets - Beginning of year Net Assets - End of year

30

2009 Annual Report
SAE Annual Report 2009

Table of Contents for the Digital Edition of SAE Annual Report 2009
