Short Course Financial Analysis

Attached is an income/expense summary for each of the six short courses offered at the 1999 AMS Annual Meeting. The AMS Council has requested that over time, short courses as a group break even. As can be seen in this year's summary, each short course has unique characteristics which govern the necessary expenses. In addition, since the registration fees are set well in advance of participant registration, it is difficult to predict each course's popularity, and thus its corresponding revenue.

Short Course Registration Rates: History and Explanation

Table A shows the history of short course registration rates. When AMS began to ramp-up short course activity in 1995, registration rates were set to ensure costs were covered, though at the time, the cost structure was not fully understood.

During the past few years, as cost data have been collected, rates were lowered in steps to reflect the AMS Councilís goal of having short courses break even on average over an extended period of time. For 1999, the fees were raised slightly anticipating lower attendance and increased costs. However, a more detailed analysis shows that the courses are still generating a small income, so it is proposed that fees be lowered again for 2000.

Over time, the rate structure has been adjusted to provide the following features:

Table A

Short Course Registration Rates
 
Member Pre-reg
Non-member Surcharge
Late/On-site surchage
Student Discount
         

1995

$225

$40

$25

 

1996

$225

$25

$40

 

1997

$195

$30

$50

 

1998

$175

$30

$50

50%

1999

$190

$30

$50

50%


Last Updated on 3/30/99
By Corinne Kazarosian

 

 
© 1999 American Meteorological Society