12.18.23 OMA Board Book

2024 OMA Budget Worksheet

2023 Actuals thru September 2023

2024 Budget DRAFT

Product Line:

2024 Notes:

2021 Actuals 2022 Budget 2022 Actuals 2023 Budget

Revenue

Budget Line Items

2021 Budget

Membership & Related Sales

This is based on an 6% increase over estimated YE2023. A bit more conservative due to conference structure changes along with membership type changes. Anticipate Lilly and Novo moving up to level1, Vivus has confirm from 1 down to 2, Rhythm (Regina) most likely from level 3 to 2, others likely remain the same.

Membership Dues

$

1,235,000 $

1,186,296 $ 1,243,670 $ 1,368,018 $ 1,503,355 $ 1,158,335 $

1,651,029

Corporate Council

$ $

100,000

$

100,000 $

115,000 $

120,000 $

120,000 $

120,000 $

180,000 1,831,029

1,286,296 $ 1,358,670 $ 1,488,018 $ 1,623,355 $ 1,278,335 $

Total

1,335,000 $

Affliated Networking Groups

Dues

$ $ $ $ $

- - - - -

$ $ $ $ $

- - - - -

$ $ $ $ $

- - - - -

$ $ $ $ $

- - - - -

$ $ $ $ $

- - - - -

$ $ $ $ $

- - - - -

$ $ $ $ $

- - - - -

Education

Sponsorships & Advertisement

Exhibits

Total

Journal - JOMA (Obesity Pillars)

$

-

$

7,650

$

-

$

10,000

$

1,500

$

-

$

10,000

Education Products & Services

apparel, water bottles, rx pads, infographics

Merchandise Book Sales

$ $ $ $ $ $ $

52,000 25,000 30,000 20,000 30,000 50,000

$ $ $ $ $ $ $

46,085 22,017 53,034 15,900 24,554 42,998

$ $ $ $ $ $ $

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

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

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

$ $ $ $ $ $ $

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

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

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

$ $ $ $ $ $ $

56,554 22,137 64,274 15,600 46,473 29,076

speaker books, ABOM study books (purchased from publisher)

Digital CME (Academy)

858,455 $

790,000 $

894,730 $

825,000 $

845,481 $

980,000 based on 2023 sales with slight increase

Includes sales and collection of shipping charges (only ABOM and Fundies)

Syllabus Sales

np/pa certificates. $100 each

Proficiency Badge and Certification Fees

based on 2023 sales with increase due to updates

SAP

Launching new version in late Jan 2024. Increased sales due to new launch

Algorithm Sales Webinars & Podcasts

-

-

-

-

90

550

996,950 $ 1,128,845 $ 1,050,100 $ 1,050,069 $1,187,000.00

Total

771,053

$

1,148,341 $

Spring Conference

Education Grants

$ $ $ $ $

20,000

$ $ $ $

20,000

20,000

$ $ $ $ $

20,000

20,000

$ $ $ $ $ $ $ $

21,500

$ $ $ $ $

20,000

Misc

-

-

-

- -

-

-

- -

Advertisements Sponsorships

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

1,200 11,490 18,900

2,700 40,000 95,000

3,225 46,953

2,000 53,000 119,000

24,090 87,694

250,000 145,200

Exhibits

107,780 $ 389,492 $

Registrations

-

420,000 $ 100,000 $ 677,700 $

450,000 $

715,358 $

747,000 Aver of $830pp based on San Ant and New York x 900 paid goal

Livestream Attendees

-

370,838 $ 423,928 $

153,515

$

-

$

-

$

-

847,142 $

1,162,200

720,965 $

644,000 $

Total

476,750

Adminstration

Started budgeting for this in 2022. Staying conservative for YE2024.

Shipping

$

7,405

$ 12,500.00

$

7,500.00

$

-

$

13,200

$

6,518

$

7,500

It's difficult to determine exactly how many members will apply for FOMA in any given year so will assume a conservative estimate for FY2024

FOMA Application Fees

$ $

- -

$ $

2,000

$ $

1,500

$ $

5,750

$ $

2,000

$ $

2,000

$ $

2,000

Misc Income

314

-

271

-

215

-

$

9,500

$

-

$

15,514

$

14,000

$

13,425

$

9,500

$

8,733

Fall Conference

Educational Grants

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

20,000

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

41,500 8,269 7,834 32,506 95,080

$ $ $ $ $

15,000

$ $ $ $ $

20,000

$ $ $ $ $

41,500

$ $ $ $ $

20,000

$ $ $ $ $

- - -

Misc..

- - - -

-

-

-

-

Program Ads Sponsorships

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

2,700 30,000 80,000

9,325 38,097 106,488

2,000 46,000 83,000

17,790 95,711

Exhibits

Registrations

295,733 $ 143,370 $ 624,292 $

483,962 $

170,100 $550 member (270) / $720 non member (30) x 300 paid

420,000 $ 100,000 $ 652,700 $

222,641 $

300,000 $

Livestream Attendees

144,774

$

-

-

$

-

$

-

Total

776,850

562,823 $

451,000 $

597,463 $

185,100

Publications

Ads- Newsletter

28,115 12,690 11,300 15,500

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

$ $ $ $

29,960 9,000 15,500 10,000

$ $ $ $

24,650 4,980 4,875 15,000

$ $ $ $

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

$ $ $ $

14,870 6,570

$ $ $ $ $ $ $ $ $ $ $

36,550 16,497 14,690 19,500 26,000 113,237

Ads - Website/Social/Directory

Ads- Education Ads- Career Center

-

14,000

Ads - Email Marketing (Conferences + Pillars)

Total

$

63,300

$

67,605

$

64,460

$

49,505

$

59,620

$

35,440

Fundamentals Courses

Educational Grant Fundamentals Online

$ $ $ $ $

30,000

$ $ $ $ $

30,000

$ $ $ $ $

15,000

$ $ $ $ $

15,000

$ $ $ $ $

15,000

$ $ $ $ $

-

15,000

-

-

-

-

-

60,233

-

Aver of $166pp x 120 per event x 3 events

Registrations

50,400 29,100 109,500

65,845 16,200 112,045

61,050 5,000 81,050

77,363 1,425 93,788

63,000

- -

60,000

Exhibits

-

-

Total

78,000

60,233

75,000

Treat and Refer

Grants and Partnerships Total

$

-

$

-

$

-

$

-

$

-

$

-

$

-

New Projects/Innovations

Registrations

$ $

50,000

$ $

10,633

$ $

- -

$ $

561

$ $

- -

$ $

- -

$ $

- -

Exhibits

-

-

-