Financial Highlights
Financial Report FY22 Highlights
![](https://assets.foleon.com/eu-central-1/de-uploads-7e3kk3/49148/cleanshot_2022-09-20_at_1441262x.c3fb5949c4f9.png?)
The overall consolidated net income totaled $695K for the current year, a $776K decrease from prior year. Net income was mainly attributable to World Workplace being a live event in 2021.
Net Income
![](https://assets.foleon.com/eu-central-1/de-uploads-7e3kk3/49148/cleanshot_2022-09-19_at_1731282x.e8786b45d011.png?)
Revenue % by Department
![](https://assets.foleon.com/eu-central-1/de-uploads-7e3kk3/49148/cleanshot_2022-09-12_at_1420522x.3a9c76aac4f5.png?)
Percentages are based on revenue contributions by the association’s primary business channels with IFMA’s Big Three Professional Development, Membership, and Conferences & Events making up the majority. Combined revenues from Membership/Professional Development/Events: $13.4M
Investments
Line of Credit
2017
2018
2019
2020
2021
2022
$
$
$
$
$
$
2017
2018
2019
2020
2021
2022
$
$
$
$
$
$0
Investments
2017
$
2018
$
2019
$
2020
$
2021
$
2022
$
Line of Credit
2017
$
2018
$
2019
$
2020
$
2021
$
2022
$0
Statement of Activities
![](https://assets.foleon.com/eu-central-1/de-uploads-7e3kk3/49148/ifma_consolidating_statment_of_activities_fy22.cdf3b4cb3025.png?)
Consolidated Statement of Financial Position
![](https://assets.foleon.com/eu-central-1/de-uploads-7e3kk3/49148/ifma_consolidating_statment_of_financial_position_fy22.cdadaccd625f.png?)
Board approved, audited numbers (September 27, 2022). All figures/amounts listed in U.S. dollars