The 2014 990 tax return for Toastmasters International has been released. Total program revenue was up 7.5%, but salaries were up 17.5%. The number of employees increased from 161 to 179 (11%).
Expenses and vendors
Payroll was by far the largest single expense, at $9.1M (up 19%). Travel expenses were up sharply, from $610K in 2013 to $1,377K, a jump of 126%, but this would be because the 2013 international convention was in Malaysia. Internet services cost $78K (presumably hosting and/or connectivity to WHQ). $19K was spent on “speakers”, and $11K on translations. Continue reading “Analysis of 2014 Toastmasters tax return 990”