| As of April 30 | 1995 | 1994 |
| Revenues relating to program and member service activities | ||
| Membership | $7,589,962 | $5,943,527 |
| Annual Meeting | 7,112,192 | 7,349,891 |
| Electronic media and evaluation products | 2,309,865 | 2,579,049 |
| Expenses relating to program and member service activities | ||
| Publications | 6,243,194 | 6,321,532 |
| Continuing education | 3,974,501 | 3,947,255 |
| Specialty society management | 679,887 | 597,150 |
| Total revenues | $27,909,601 | $26,738,404 |
| Membership | 835,915 | 895,707 |
| Annual Meeting /td> | 3,956,504 | 3,986,982 |
| Electronic media and evaluation products | 1,926,025 | 2,064,917 |
| Publications | 4,525,473 | 4,582,061 |
| Continuing education | 4,044,044 | 4,386,934 |
| Specialty society management | 899,433 | 735,284 |
| Total program and member service expenses | 16,187,394 | 16,651,885 |
| Expenses relating to supporting services | ||
| Governance | 1,983,883 | 2,645,522 |
| Health policy, research and other education activities | 3,521,640 | 3,283,346 |
| General and administrative | 5,041,209 | 4,311,237 |
| Total expenses for supporting services | 10,546,732 | 10,240,105 |
| Excess (deficiency)of revenues over expenses before investment activities | 1,175,475 | (153,586) |
| Investment activities | ||
| Dividend and interest income on investment funds, net of fees | 770,846 | 635,043 |
| Gain (loss) on investment funds | 1,226,883 | (1,494) |
| Interest expense, net of interest earned on escrow fund of $16,475 in 1995 and $13,282 in 1994 | (430,073) | (438,300) |
| Total investment activities | 1,567,656 | 195,249 |
| Contributions to AAOS for learning center construction | 85,000 | 170,000 |
| Excess of revenues over expenses | 27,820,974 | 2,828,131 |
| Fund balance | ||
| Beginning of year | 27,609,311 | |
| End of year | $30,649,105 | $27,820,974 |