Highlights

FY06 State Bar Annual Report: Financial Results

Revenues		Expenses
Education and information	538,498	Education and information	2,979,767
Communications	538,498	Communications	1,263,603
Member & Public Services	500,032	Member & Public Services	1,286,637
Public Affairs	5	Public Affairs	400,735
Affiliates	401,272	Affiliates	317,021
Governance	0	Governance	233,627
Finance and Administration	4,761,534	Internal Operations	2,329,263
Sections	231,384	Sections	228,759
Divisions	34,430	Divisions	193,364
Committees	1,600	Committees	486,161
Total Revenues:	10,151,640	Total Expenses	9,718,937
		Excess of Revenues over Expenses	432,703
		Total Fund Balances, 6/30/05:	6,957,362
		Total Fund Balances, 6/30/06:	7,390,065

Assets
Cash and cash equivalents	4,398,599
Certificates of deposit	891,000
Accounts receivable	374,158
Inventories	363,329
Prepaid expenses	145,567
Total current assets		6,172,653

Long-term imvestments		2,375,018

Land	724,934
Building and improvements	3,908,503
Furniture and equipment	2,897,867
	7,531,304
Less: accumulated depreciation	(2,936,349)
		4,594,955
Total Assets		13,142,626

Liabilities and Fund Balances
Liabilities:
Membership fees and dues in advance	2,383,729
Revenue in advance	410,507
Due to Boards of Attorneys Professional
Responsibility and Bar Examiners	1,405,099
Due to Wisconsin Lawyers' Fund for Client Protection	357,556
Due to Wisconsin Trust Account Foundation	457,280
Accounts payable	164,783
Accrued liabilities	479,283
Other	94,324
Total liabilities:		5,752,561

Unrestricted fund balance - General Fund	4,891,703
Unrestricted fund balance - Board Designated Reserve	2,224,051
Unrestricted fund balance - Sections Fund	219,898
Temporarily restricted net assets	54,413
Total fund balances:		7,390,065

Total Liabilities and Fund Balances		13,142,626

dues
allocation

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