This is the statement of support, revenues, expenses, and changes in the fund balances of the Linguistic Society for the year ending 30 September 2001. a copy of the financial statements is available from the Secretariat.
Statement of Financial Position
| ASSETS | 30 September 2000 | 30 September 2001 |
| Current Assets: | ||
| Cash and equivalents | $
288,020 |
$
239,986 |
| Investments | 1,518,435 |
984,073 |
| Accounts receivable | 4,550 |
4,615 |
| Prepaid expenses | 7,613 |
6,421 |
| Total current assets | 1,818,618 |
1,235,095 |
| Fixed Assets: | ||
| Building | 137,440 |
137,440 |
| Property Improvements | 4,535 |
4,535 |
| Furniture and fixtures | 29,674 |
31,259 |
| Less: accumulated depreciation | (107,375) |
(115,5850 |
| Net fixed assets | 64,274 |
57,649 |
| Total assets | $1,882,892 |
$1,292,744 |
| LIABILITIES AND NET ASSETS | ||
| Current liabilities: | ||
| Accounts payable | $
27,878 |
$
24,566 |
| Accrued expenses | 14,846 |
18,631 |
| Deferred revenue - current portion | 86,828 |
79,641 |
| Total current liabilities | 129,552 |
122,838 |
| Long-term liabilities: | ||
| Deferred revenue - long term | 54,977 |
58,334 |
| Total liabilities | 184,529 |
181,172 |
| Net assets | ||
| Unrestricted: | ||
| Undesignated | 61,510 |
(49,164) |
| Designated | 1,263,410 |
871,835 |
| Total unrestricted | 1,324,920 |
822,671 |
| Temporarily restricted | 373,443 |
288,901 |
| Total net assets | $1,698,363 |
$1,111,572 |
| Total liabilities and net assets | $1,882,892 |
$1,292,744 |
| The balances in the restricted funs are as follows with comparative totals for 1997-2000: | |||||
| 1997 |
1998 |
1999 |
2000 |
2001 |
|
| Fund for Future of Linguistics | $167,207 |
$164,287 |
$120,253 |
$104,982 |
$34,323 |
| Linguistic Institutes | 194,849 |
195,947 |
213,355 |
225,630 |
213,267 |
| Membership Assistance | 16,191 |
17,109 |
16,664 |
17,848 |
15,151 |
| Committee on Status of Women | 3,601 |
4,043 |
4,740 |
3,292 |
2,700 |
| Child Care Assistance | 8,613 |
9,098 |
9,158 |
9,886 |
10,443 |
| Capital Equipment | 5,983 |
5,203 |
4,263 |
3,171 |
1,833 |
| Linguistics in the Public Sector | 9,757 |
11,949 |
7,709 |
4,852 |
5,633 |
| Endangered Languages Committee | 1,068 |
1,758 |
|||
| Ethnic Diversity Committee | 1,714 |
2,486 |
|||
| Austerlitz Fund | 645 |
||||
| Stokoe Fund | 355 |
807 |
|||
| Language in the School Curriculum Cte | 500 |
||||
| Total | $407,733 |
$412,940 |
$378,493 |
$373,443 |
$288,901 |