Also looks like they're losing over $1 million annually on MA magazine.
Part VIII Statement of Revenue, line 2b, "Aviation Magazine" = $1,153,233
Part IX, Statement of Functional Expenses, line 24A, "Aviation Magazine" = $2,597,872
So MA lost $1,444,639 in 2014. If you have 120,000 paying members, that's $12 bucks a member!