Eurocrypt 98 had a total income of $205,000. Of that amount, a total of $53,000 was returned to the IACR ($29,000 in IACR dues, a $10,000 allocation for the Secretariat and a surplus of $14,000). The remainder of the funds covered the expenses of the conference.
Crypto 98 had a total income of $226,000 (not including income for on-campus lodging). Of that amount a total of $62,000 was returned to the IACR ($28,000 in IACR dues, a $10,000 allocation for the Secretariat and a surplus of $24,000). The remainder of the funds covered the expenses of the conference.
In 1998 the IACR had 1049 members (918 regular, 131 student) and the membership fee was $72 ($36 student). (For 1999 the membership fees are $80 regular, $40 student). Of the $72 membership fee, $49 (68%) is for the cost of the Journal of Cryptography; $10 (14%) is allocated for the Secretariat; and the remainder is used for miscellaneous expenses such as mailings and the web page.
As of December 31 1998, the IACR had $150,000 held in certificates of deposit and approximately $170,000 held in the main IACR and Crypto checking accounts. Of those amounts about $100,000 is already designated for specific expenditures in 1999 (such as the Journal), leaving about $220,000 as the true surplus.
June 1, 1999