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Article
The Official Publication of the State Bar of Wisconsin
November
2008
Volume
81
Number
11
November 13, 2008
Fiscal 2008 Financial Results at a Glance ...
Fiscal 2008 Financial Results at a Glance ...
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Wisconsin Lawyer
Vol. 81, No. 11,
November 2008
Fiscal 2008 Financial Results at a Glance ...
back to annual report
Revenues:
Expenses:
Education and Information
4,112,329
Education and Information
3,332,953
Communications
569,010
Communications
1,404,819
Member & Public Services
534,430
Member & Public Services
1,279,387
Public Affairs
121,448
Public Affairs
780,194
Affiliates
331,254
Affiliates
209,196
Governance
0
Governance
281,496
Internal Operations
4,801,303
Internal Operations
2,586,449
Sections
262,942
Sections
257,306
Divisions
23,769
Divisions
189,557
Committees
19,775
Committees
496,648
Total Revenues
10,776,260
Total Expenses
10,818,005
Excess of Revenues over Expenses:
(41,7450
Total Fund Balances, 6/30/07:
8,066,634
Total Fund Balances 6/30/08:
8,024,889
Fiscal 2008 Revenues
Statement of Financial Position at June 30, 2008
ASSETS
Current Assets
Cash and Cash Equivalents
1,757,817
Investments
6,133,740
Accounts Receivable
398,985
Inventories
387,186
Prepaid Expenses and Supplies
216,598
Total Current Assets
8,894,326
Investments
2,282,994
Land
724,934
Building and Improvements
3,977,537
Furniture and Equipment
3,490,140
Work in Progress
90,485
8,283,096
Less: Accumulated Depreciation
(3,716,231)
Total Property and Equipment, net
4,566,865
TOTAL ASSETS
15,744,185
LIABILITIES AND
NET ASSETS
Liabilities
Membership Fees and Dues in Advance
3,144,369
Revenue in Advance
465,306
Due to Office of Lawyer Regulation
and Board of Bar Examiners
2,166,164
Due to Wisconsin Lawyers’ Fund for Client Protection
418,071
Due to Wisconsin Trust Account Foundation
626,248
Accounts Payable
227,790
Accrued Liabilities
634,238
Other
37,110
Total Liabilities
7,719,296
Undesignated Net Assets
4,566,863
Board Designated Reserve
3,209,651
Sections
248,375
Total Net Assets
8,024,889
TOTAL LIABILITIES AND NET ASSETS
15,744,185
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