How Your Donation Dollars Are Used
At ARM, we strive to stretch every dollar to the maximum value and keep administrative and fundraising costs to an absolute minimum. All your generous donations are received and organized with great care. ARM's qualified committee disperses the donations efficiently as grants to the leading research labs around the world who are devoted in developing therapy and a cure.
For more detailed information, please see the ARM Awarded Grants, and tax & audit reports.
Fiscal Year End 9/30/2008
Coming soon …
Fiscal Year End 9/30/2007
For the year that ended Sep. 30, 2007, the total revenue was $527,886 which included $527,785 from contributions and grants, and $81 from interest income. The total expenses were $566,154, which included $449,998 research, $109,674 fundraising, and $6,482 administrative costs.
The increase in fundraising costs, compared to previous years, reflect the recent media makeover and the work performed for launching ARM's new “Global” Campaign, new website and ARM Gala 2008 - “Touching Tomorrow - A Cure Within Reach”. The investment in PR and global campaign will help to spread ARM's awareness to HIBM families and supporters in all corners of the world.
Fiscal Year End 9/30/2006
For the year that ended Sep. 30, 2006, the total revenue was $414,214 which included $413,126 from contributions and grants, and $1,088 from interest income. The total expenses were $516,805, which included $450,992 research, $60,979 fundraising, and $4,834 administrative costs.
Fiscal Year End 9/30/2005
For the year that ended Sep. 30, 2005, the total revenue was $459,154.28, which included 47.16% funds raised from special events, 52.64% direct donations, and 0.2% from bank interest. The total expenses were $394,711.50, which included 91.59% research grants awarded, 7.52% fundraising costs, and 1.42% management costs.
Fiscal Year End 9/30/2004
For the year that ended on Sep. 30, 2004, the total revenue was $299,545, which included 31.44% funds raised from special events, and 68.56% direct donations. The total expenses were $401,419, which included 89.73% grants awarded, 8.57% fundraising costs, and 1.42% management costs.