The American Numismatic Association Board of Governors approved a $5.55 million budget for fiscal year 2017, the non-profit organization announced Friday, Jan. 6.
The budget was discussed and passed at the Board’s Oct. 28 to 29 meetings in Colorado Springs, Colo., and a subsequent teleconference on Dec. 20.
"This year’s budget is a strategic deployment of ANA resources that will enable us to create a fund development program and to implement a plan to increase our online presence with additional educational content," said ANA President Jeff Garrett. "These ventures will help the Association to grow its outreach to the numismatic community and beyond."
Also discussed were ANA program priorities and the need to identify, develop and promote new revenue streams. The Board agreed that fund development and membership marketing are the two highest priorities, followed by developing online content for money.org and cultivating strategic partnerships.
Other items discussed and/or determined at the October board meetings included:
Discussion around preparation of a candidate questionnaire for potential Board of Governor nominees for the upcoming ANA election in August.
A presentation by Governor Steve Ellsworth, chair of the development committee, on the committee’s fund development action plan.
Discussion on the annual audit process, led by Treasurer Larry Baber, which is expected to be completed in February and will be available to the public prior to the National Money Show in March.
The ANA’s current fiscal year runs from November 2016 to October 2017.
The American Numismatic Association is a nonprofit organization dedicated to educating and encouraging people to study and collect money and related items. The ANA helps its 25,000 members and the public discover and explore the world of money through its array of programs including its education and outreach programs, museum, library, publications, conventions and seminars.