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Report from the Society Committee on Budget & Finance

This report provides financial highlights and projections for the ACS Society Committee on Budget & Finance, including net from operations, total revenues, total expenses, and budget variances. It also includes budget proposals for the Atlantic Basin Conference on Chemistry, ChemIDP Program, and International Student Chapter Program.

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Report from the Society Committee on Budget & Finance

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  1. Report from the Society Committee on Budget & Finance August 24, 2016 Philadelphia, PA www.acs.org/CouncilReports

  2. 2016 Probable 1 ProjectionHighlights • Net from Operations – $17.3M • $3.9M favorable to Budget • $723K (4.4%) higher than 2015 • Total Revenues – $528.8M • $984K (0.2%) favorable to Budget • $17.1M (3.3%) higher than 2015 • Total Expenses – $511.5M • $3.0M (0.6%) favorable to Budget • $16.4M (3.3%) higher than 2015 Note: Excludes the ACS Petroleum Research Fund and the Member Insurance Program.

  3. 2016 Probable 1 ProjectionSources and Uses($ in Millions) Information Services Investments Net Dues Revenue All Other Office of Public Affairs Web Strategy & Operations Education Membership & Scientific Advancement Net From Operations Notes: All Other includes Unallocated Indirect Costs, Development, Grants and Awards, Governance, HDS, and ACS International Ltd. Net from Operations excludes the ACS Petroleum Research Fund and the Member Insurance Program.

  4. Financial Guidelines Guidelines 2016 Probable 1 Current Ratio Debt Ratio Free Cash Flow Sustainability Fund Balance Ratio

  5. Atlantic Basin Conference on Chemistry 2017 Proposed Budget - $251,000 2018 Forecast Budget - $55,000 2019 Forecast Budget - $36,000 ChemIDPProgram 2017 Proposed Budget - $281,000 2018 Forecast Budget - $270,000 2019 Forecast Budget - $252,000 2017 Program Funding Requests Note: Net expenses are before indirect assessments. 5

  6. International Student Chapter Program 2017 Proposed Budget - $138,000 2018 Forecast Budget - $140,000 2019 Forecast Budget - $208,000 2017 Program Funding Requests Note: Net expenses are before indirect assessments. 6

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