This is the statement of support, revenues, expenses, and changes in the fund balances of the Linguistic Society for the year ending 30 September 2002. A copy of the financial statements is available from the Secretariat.
| ASSETS | 30 September 2001 | 30 September 2002 |
| Current Assets: | ||
| Cash and equivalents | $ 239,986 |
$ 212,196 |
| Investments | 984,073 |
733,821 |
| Accounts receivable | 4,615 |
2,259 |
| Prepaid expenses | 6,421 |
6,341 |
| Total current assets | 1,235,095 |
954,617 |
| Fixed Assets: | ||
| Building | 137,440 |
137,440 |
| Property Improvements | 4,535 |
4,535 |
| Furniture and fixtures | 31,259 |
24,979 |
| Less: accumulated depreciation | (115,585) |
(117,415) |
| Net fixed assets | 57,649 |
49,539 |
| Total assets | $1,292,744 |
$1,004,156 |
| LIABILITIES AND NET ASSETS | ||
| Current liabilities: | ||
| Accounts payable | $ 24,566 |
$ 31,872 |
| Accrued expenses | 18,631 |
21,105 |
| Deferred revenue - current portion | 79,641 |
87,878 |
| Total current liabilities | 122,838 |
140,855 |
| Long-term liabilities: | ||
| Deferred revenue - long term | 58,334 |
54,065 |
| Total liabilities | 181,172 |
194,920 |
| Net assets | ||
| Unrestricted: | ||
| Undesignated | (49,164) |
(150,072) |
| Designated | 871,835 |
738,440 |
| Total unrestricted | 822,671 |
588,368 |
| Temporarily restricted | 288,901 |
220,868 |
| Total net assets | $1,111,572 |
809,236 |
| Total liabilities and net assets | $1,292,744 |
$1,004,156 |
| The balances in the restricted funds are as follows with comparative totals for 1998-2001: | |||||
| 1998 |
1999 |
2000 |
2001 |
2002 |
|
| Fund for Future of Linguistics | $164,287 |
$120,253 |
$104,982 |
$34,323 |
$ (4,077) |
| Linguistic Institutes | 195,947 |
213,355 |
225,630 |
213,267 |
195,475 |
| Membership Assistance | 17,109 |
16,664 |
17,848 |
15,151 |
12,707 |
| Committee on Status of Women | 4,043 |
4,740 |
3,292 |
2,700 |
3,217 |
| Child Care Assistance | 9,098 |
9,158 |
9,886 |
10,443 |
11,139 |
| Capital Equipment | 5,203 |
4,263 |
3,171 |
1,833 |
1,508 |
| Linguistics in the Public Sector | 11,949 |
7,709 |
4,852 |
5,633 |
7,800 |
| Endangered Languages Committee | 1,068 |
1,758 |
3,409 |
||
| Ethnic Diversity Committee | 1,714 |
2,486 |
2,817 |
||
| Austerlitz Fund | 645 |
||||
| Stokoe Fund | 355 |
807 |
1,973 |
||
| Language in the School Curriculum Cte | 500 |
500 |
|||
| Total | $412,940 |
$378,493 |
$373,443 |
$288,901 |
$220,868 |