70 



SCIENCE 



[N. S. Vol. XXXVII. No. 941 



The assets of the Association are: 



Bond and mortgage on 

 real estate at No. 24 

 East 95th St., New 

 York $20,000.00 



Accrued interest from 



Sept. 29, 1911, to date 188.89 



20 shares American Ex- 

 change National Bank 

 stock at $250 5,000.00 



Cash on hand in National 



Park Bank 3,250.43 



$28,439.32 



An increase during the year of . . . $921.43 



New York, December 18, 1911 



The American Political Science Association 



Report of the Treasurer for the Year 1911 



Beceipts 



Balance on hand December 22, 1910 . . $ 7.30 



Annual dues 3,770.00 



Life memberships 150.00 



Subscriptions 231.00 



Publications sold 474.74 



$4,633.04 

 Expenditures Aggregated 



Legislative notes for Seview $ 100.00 



Clerical assistance to Secretary and 



Treasurer 465.00 



Printing, stationery and mailing 3,060.85 



Expressage on Froceedings 167.24 



Postage and office expenses of Secretary 



and Treasurer 343.41 



Payment on loan 400.00 



Miscellaneous 74.40 



Total expenditures $4,610.90 



Balance on hand December 22, 1911 . 22.14 



$4,633.04 



The methods of these societies are so dif- 

 ferent, and the direction of their outgoes so 

 varied, that no comparison is possible without 

 an analysis and restatement of the accounts, 

 as below. 



These tables require some explanation : in 

 the first place there is a difference in every 

 ease between the number of paying members 

 (found by dividing the annual receipts from 

 members' dues by the annual fee), and the re- 

 corded number of members. In societies 



gaining rapidly in numbers they will never be 

 the same, but where the difference is so great 

 as appears in the Academy, viz., 945, the pre- 

 sumption is that a lot of paper members are 

 being carried on the rolls. 



The cash receipts are a function of two 

 variables, the number of members and the an- 

 nual fee : the Academy charges $5 and has 



Receipts of Four National Societies 

 Fiscal Year 1910 



Memberships : 

 Recorded members.. 

 Paying members 



Am. Acad. 

 Pol. and 

 Soc. Sci. 



Am. 

 Hist. 

 Assoc. 



2,925 

 2,606 



1,350 

 1,138 



Ga.sh Receipts 



Publication Bills of the Four Societies (1910) 



