Year to date our net revenue is down about $46,000 from the same time last year. Much of this is timing related. Convention income and expenses are never consistent year to year, and Journal printing invoice timing can also vary. The only revenue number that has me curious right now is membership. Adult membership is down about $13,500 over this time last year.
One thing to keep in mind is that 2019 was a very good year overall. Despite our net revenues being negative so far this year, our cash position is $43,000 higher than at the end of March 2019. In April we will pay out the host chapters for the 2019 convention about $36,000. That will make our year to date net revenues look low, but if you consider that the 2019 convention put $36,000 in our coffers as well, we are in good shape.
Of course the big unknown is the impact of the COVID19 pandemic on the 2020 convention. It is still much too early to know what that impact will be.