AFS and the Institute Financials 2015-16 REVENUE


4% Conferences 16% Membership 2% Publications 6% Education 10% Research


1% Other 22% Magazines


2%


Program Services


37%


Congress & Expositions


2015-16 EXPENSES 6%


Membership 4%


Publications 10%


Congress & Expositions


8% Education 4% Conferences 19% Administrative


18% Magazines 9% Research 22% Program Services 11 A MER I C A N F O U N D R Y S O C I E T Y


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