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There has been a significant dip in revenue and membership counts,
but our costs have been reasonably contained and we are in
reasonably strong financial shape overall. Our Total Net Assets at
the end of 2014 were the highest in the 43 year history of the party
(I'm pretty sure), mostly due to a bequest received. Total Net
Assets are a bit lower at the end of June 2015, at around 566,000.
We are not sitting on a lot of unrestricted cash. Instead, we have
at times specifically raised for the purpose of making extra
payments on our mortgage, and we have chosen for strategic reasons
not to direct a major bequest immediately to certain potentially
available cash positions. One advantage of having low cash positions
is that we're not likely to spend large amounts on too many big
ticket wild projects. <br>
<br>
<img src="cid:part1.09010705.04060109@lp.org" alt="" height="139"
width="652"><br>
*Pre-audit numbers for 2014. This will change a bit.<br>
<br>
Perhaps not surprisingly, at times when we had record amounts in the
form of cash in our accounts also while I was serving as executive
director, you probably also heard plenty of gloom and doom analyses.
<br>
<br>
I expect membership to drift down further a bit for July and August,
then to recover. Revenue for July is strong, and I expect revenue to
continue to be strong in the short term if the Chair and Ballot
Access Committee Chair continue to have success fundraising. <br>
<br>
I have hired someone as reported recently to help me with the
messaging in the fundraising efforts. That may pay off. It will take
time to find out. <br>
<br>
If any LNC members would like to help with fundraising phone calls,
we can give you a list to work from. It's not easy, but works.<br>
<br>
<div class="moz-signature">Wes Benedict, Executive Director<br>
<small><small>Libertarian National Committee, Inc.<br>
<b>New address: 1444 Duke St., Alexandria, VA 22314</b><br>
(202) 333-0008 ext. 232, <a class="moz-txt-link-abbreviated" href="mailto:wes.benedict@lp.org">wes.benedict@lp.org</a><br>
facebook.com/libertarians @LPNational<br>
Join the Libertarian Party at: <a class="moz-txt-link-freetext" href="http://lp.org/membership">http://lp.org/membership</a></small></small><br>
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