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2014 Governor's ReportIn terms of finances the MAA runs on a budget of around $10 million per year. Interesting comparisons include the AMS at $27 million, The American Physical Society with $46 million and the American Chemical Society with $500 million. Major sources of funds include Membership Fees (13%), Journals (20%), Books (16%), Federal Grants (15%), AMC (15%), Contributions (10%) and Meetings (6%). The Financial Report to the Board of Governors indicates that the MAA expects to be to be operating on a surplus by 2016 for the first time in a decade. The 2015 deficit is $98,000. The current membership of the MAA is about 12,000 members. This is a significant reduction from previous years. Part of the reason for the higher past membership numbers was a $49 promotional membership for first-time members, and which was abused by some of the members. Other factors include cultural reasons, shrinking budgets and the recession. There will be a push for increasing our membership numbers over the coming years (something we can join in with at our institutions). I did not notice any sense of panic about the dropping numbers from the national officers, just an awareness that this will become a high priority within the organization. The Committee on the Undergraduate Program in Mathematics is working on revising the Curriculum Guide, last published in 2004. Paul Zorn gave an informal report on the current progress but much of the document is in working form and is not released. From a brief look at the materials, it appears that the emphasis will be strongly on applications with an emphasis on working with other departments. I'm hoping to let you know more about this as more details become available. Finally, there is an effort to revise the governance of the MAA by having a small committee of seven or nine members with more experience in finances, publishing, etc. playing the voting role of the current Board of Governors. The question of what the new role of the governors will be reflected in the change in the name of the committee working on this shift. The old name was the Committee on Governance and the new name is Committee on Governance and Communication. Respectfully submitted, Bill Emerson MSU Denver Governor Rocky Mountain Section |