News

Institute’s 2007 Financials Show Record Revenue and Careful Expense Control

GAINESVILLE, FL April 22nd, 2008

Audited 2007 financials are now available on the Institute for Public Relations’ website. Total cash and in-kind revenues reached $867,631, a new record. Program expenses for research, education and education/industry affairs totaled $635,201, down slightly from 2006 due to careful control of educational program expenses. Net assets, which represent reserves for future needs, increased by $83,608 for a year-end total of $380,760.

“We can’t thank our supporters too much or too often – for their gifts to the Institute, registrations for our programs, sponsorships, and contributing to the intellectual flow of ideas and research,” said Gary Sheffer, Executive Director-Communications & Public Affairs for General Electric, and chairman of the Development Committee of the Institute Board.

The full audit is available on the Institute’s website.