TWENTY-FIFTH ANNUAL REPORT. 
To the Trustees and Members of the American Museum of Natural 
History : 
Your attention is invited to the following report of the opera- 
tions of this Institution during the year just closed. 
Finances. — The Treasurer's Report exhibits the following 
receipts and expenditures : 
Receipts. 
From the City $65,000.00 
State Department of Public Instruction 9,000.00 
Income from Endowment Fund. 17,100.00 
Annual Members' dues. 6,700.00 
Admission fees 663.75 
W. H. Osborn, subscription 1,500.00 
From other sources 758-65 
$100,722.40 
Expenditures. 
Deficiency, January 1st, 1893 $27,306.96 
Maintenance 81,297.86 
Payments for Collections, special purchases, and publi- 
cation of the Bulletin and Memoirs. . . 22,744.82 
$131,349.64 
Total Expenditures ... .$131,349.64 
Total Receipts 100,722.40 
" Dr." balance $30,627.24 
The increase of the collections rendered necessary the con- 
struction of new cases, which were made by the Trustees at their 
own cost, to which is largely due the " Dr." balance. 
The estimated receipts for the year fell short about $3500, and 
it may also be noted in this connection that the cost of properly 
maintaining the Museum was in excess of the amount allowed by 
the City. 
