Page 93 - The Decorative Painter Winter 2016

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annual report
Treasurer’s Report for 2015
TREASURER’S REPORT
The total assets of the Society as of December 31, 2015 were $919,998. The net assets, after liabilities on a consolidated level, including both restricted and unrestricted funds were -$49,290.
The combined income for 2015, including interest, net realized and unrealized gains was $849,209, with 69% coming from membership and chapter dues. The change in net assets for the year was a loss of $83,466.
The Society continues to face declining membership and attendance at the annual conference. Our magazine continues to remain strong. In 2016 the Society will be
selling the headquarters building and moving into new office space where we will be able to continue to display our museum pieces. Our goals in 2016 and 2017 are to strengthen our membership community, and support you and your local chapter.
Members and chapters must continue to work together to introduce our love of painting and encourage others to join our Society.
—Susan Herr
2015–16 SDP Treasurer
THE NATIONAL SOCIETY OF TOLE & DECORATIVE PAINTERS, INC. AND THE SOCIETY OF DECORATIVE PAINTERS FOUNDATION COMBINED STATEMENT OF FINANCIAL POSITION DECEMBER 31,2015
THE NATIONAL SOCIETY OF TOLE & DECORATIVE PAINTERS, INC. AND THE SOCIETY OF DECORATIVE PAINTERS FOUNDATION COMBINED STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED DECEMBER 31,2015
DECORATIVEPAINTERS.ORG
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