1.9.2023 Board Book

2023 OMA Budget Worksheet

2022 Actuals thru Oct 2022

2023 Budget DRAFT Amounts

2021 Actuals

2022 Budget

2023 Notes:

Revenue Product Line:

Budget Line Items

2020 Budget

2020 Actuals

2021 Budget

Membership & Related Sales

This is based on a 10% increase over estimated YE2022. Potential membership type changes in 2023, but confident this will be met.

Membership Dues

$ $ $

1,274,000

$ $ $

1,077,117 130,000 1,207,117

$ $ $

1,235,000 100,000 1,335,000

$ $ $

1,186,296 100,000 1,286,296

$ $ $

1,243,670 115,000 1,358,670

$ $ $

1,129,801 120,000 1,249,801

$ $ $

1,503,355 120,000 1,623,355

Corporate Advisory Council

70,000

Total

1,344,000

Affliated Networking Groups

Dues

$ $ $ $ $

18,750 37,500 15,000 30,000 101,250

$ $ $ $ $

- - - - -

$ $ $ $ $

- - - - -

$ $ $ $ $

- - - - -

$ $ $ $ $

- - - - -

$ $ $ $ $

- - - - -

$ $ $ $ $

- - - - -

Education

Sponsorships & Advertisement

Exhibits

Total

Journal - JOMA (Obesity Pillars)

$

10,000

$

1,500

$

-

$

10,000

$

-

Education Products & Services

apparel, water bottles, rx pads, infographics

Merchandise Book Sales

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

35,000 20,000 750,000 25,000 20,000 35,000 40,000

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

38,871 19,456 574,924 30,541 8,850 64,005 33,387

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

35,000 20,400 589,050 29,800 8,400 56,338 31,975

$ $ $ $ $ $ $

78,948 15,119 858,455 56,344 11,700 74,141 53,634

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

69,000 11,350 790,000 55,300 12,000 33,500 25,250

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

48,315 18,977 680,052 61,121 11,900 43,808 27,061

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

52,000 24,200 825,000 63,100 15,200 28,600 42,000

speaker books, ABOM study books (purchased from publisher)

based on 2022 sales with slight increase Includes sales and collection of shipping charges

Digital CME (Academy)

Syllabus Sales

np/pa certificates. $100 each

Proficiency Badge and Certification Fees

sales will slow since no changes to SAP are schedule

SAP

Launching new version in late Jan 2023. Increased sales due to new launch

Algorithm Sales Webinars & Podcasts

5,000

144

90

550

-

- free for members, potential add of CME last Q 2022

Total

930,000

770,178

771,053

$

1,148,341

996,950

891,235

1,050,100

Spring Conference

Education Grants

20,000

2,500

20,000

$ $ $ $ $ $ $ $

21,500

20,000

20,000

20,000

Misc

-

-

-

-

-

-

-

Advertisements Sponsorships

1,050

3,300 11,700 60,000 381,750

1,200 11,490 18,900 370,838 423,928 -

2,700 40,000 95,000 420,000 100,000 677,700

3,225 43,453 109,280 389,492 153,815 719,265

2,000 53,000 119,000 450,000

10,000 40,000 130,000 600,000

-

Exhibits

4,200

600 paid @ $750 each

Registrations

283,288

Livestream Attendees

5,000

-

-

-

Total

805,000

291,038

476,750

644,000

Does not look like we budgeted for these until 2022 and came up quite a bit under so we are using a conservative estimate for FY2023 It's difficult to determine exactly how many members will apply for FOMA in any given year so will assume a conservative estimate for FY2023

Adminstration

Shipping

$

14,943

$

-

$

13,200

$

12,500.00

$

6,369

$

7,500.00

FOMA Application Fees

$ $

875 619

$ $

- -

$ $

2,000

$ $

1,500

$ $

5,000

$ $

2,000

Misc Income

314

-

257

-

$

16,437

$

-

$

15,514

$

14,000

$

11,626

$

9,500

Fall Conference

Educational Grants

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

20,000 5,000 4,500 85,000 150,000 930,000

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

-

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

20,000

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

41,500 8,269 7,834 32,506 95,080 295,733 143,370 624,292 28,115 12,690 11,300 15,500 67,605

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

20,000

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

41,500

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

20,000

Misc..

900

-

-

-

-

Program Ads Sponsorships

3,480 15,135 19,655 347,368

5,500 17,600 90,000 643,750

2,700 30,000 80,000 420,000 100,000 652,700 29,960 9,000 15,500 10,000 64,460

6,225 38,822 111,388 228,027 129,400 555,361 24,650 4,980 4,875 14,000 48,505

2,000 46,000 83,000 300,000

Exhibits

400 paid $ 750 each

Registrations

Livestream Attendees

7,000

-

-

-

Total

1,201,500

386,538

776,850

451,000

Publications

Ads- Newsletter

50,000 50,000 35,000 10,000 145,000 50,000 16,500 79,200 25,000 170,700

14,500 9,430 17,500 3,000 44,430 59,740 11,892 60,354 17,405 149,391

19,900 11,400 27,000 5,000 63,300

23,620 12,000 9,000 15,000 59,620

Ads - Website/Social/Directory

Ads- Education Ads- Career Center

Total

Fundamentals Courses

Educational Grant Fundamentals Online

30,000

30,000

15,000

15,000

15,000

-

-

-

-

-

Average reg fee of $210.00 and average of 100 registration for 3 courses

Registrations

50,400 29,100 109,500

65,845 16,200 112,045

61,050 5,000 81,050

71,753 1,425 88,178

63,000

Exhibits

-

Total

78,000

New Projects/Innovations

Registrations

50,000 6,400

- - - -

50,000

10,633

- - - -

561

- -

Exhibits Grants

-

-

-

Pri-Med, Haymarket (already approved)

-

25,000 75,000

14,063 24,696

15,625 16,186

50,000 50,000

Total

56,400

Direct Public Support

Spring and Fall Sponsored Lunch

Corp Contrib for Education

$

-

$

90,000

$

90,000

$

50,000

$

90,000

$

100,000

$

90,000

Top Section Revenue total

$

4,753,850

$

2,955,128

$

3,707,453

$

3,754,217

$

3,921,530

$

3,690,156

$

4,046,075

top sections only - sub total

Total Revenue

$

4,753,850

$

2,955,128

$

3,707,453

$

3,754,217

$

3,921,530

$

3,690,156

$

4,046,075