Originally Posted by
ECHO24
Pretty much mirrors the time that Rich Hanson effectively took over AMA and steered it toward drones.
Another key part of the "meme" I posted is that revenue is falling 4x faster than total expenses. While expenses are down, there are few notable areas where they aren't down, in fact they're up. Staff compensation is the #1 expense, and you see how much it's up ... over 30%.
So no surprise that what's called "program expenses," which non-profit watchdogs consider spending focused on core functions of the organization, is also down over 20% (close to revenue decrease). That means that as AMA has lost members, but staff size has remained largely constant. As revenue has fallen considerably, the area where they're NOT WILLING to cut spending in a meaningful way - staff compensation.