Dion, you are so totally uninformed.

Let's check out some of the publically posted information (AMA Web Site) from Brady Ware, Independent Auditors, Richmond, IN.
>>>>>>>
Board of Directors
The Academy of Model Aeronautics, Inc.
Muncie, Indiana

We have audited the accompanying statements of financial position of The Academy
of Model Aeronautics, Inc. as of December 31, 2006 and 2005, and the related
statements of activities and cash flows for the years then ended. These financial
statements are the responsibility of the management of The Academy of Model
Aeronautics, Inc. Our responsibility is to express an opinion on these financial
statements based upon our audits.
<<<<<<<<<<<

Direct quotes from the Audit Report as stated by Brady Ware and available for public review on the AMA Web site.

>>>>>>>>
Income Taxes - The Academy operates as a nonprofit organization and has received exempt status
under Section 501(c)(3) of the Internal Revenue Code. The Academy is, however, subject to unrelated
business income tax on magazine advertising, merchandise sales and rental income from debt financed
property. There was no unrelated business income tax expense for the years ended December 31, 2006
and 2005.

Advertising Expense - The advertising and promotional costs of the Marketing Division are expensed as
incurred. Total advertising and promotional costs, excluding those direct production costs related to the
sale of magazine advertising space, were $477,833 and $594,024 for the years ended December 31,
2006 and 2005, respectively.


2006
Model Aviation advertising .................$ 986,730
Model Aviation subscriptions ................ 72,575

Model Aviation magazine direct costs ( 2,010,268)


Salaries including contract services... $ 2,473,178 (Added: 10 persons paid for Model Aviation mag. efforts. Check staff AMA
website)

Fringe benefits and payroll taxes ..............648,498
<<<<<<<<<<<&lt ;

How much extra employee expense for a COMMERCIAL magazine exists that is NOT a part of the official accounted magazine expense?

How much damage is done to AMA's membership roster because the unfair business practices of a NON-TAXABLE organization produces a SUBSIDIZED COMMERCIAL magazine that is in competition with free-market media, which therefore will no longer support the AMA in free-market media's public distributions to the newsstands, etc. where AMA refuses to go? This ADDITIONAL COST to the AMA member most probably cannot be defined in reliable $$$ terms, but it does exist.

Now, in relation to the USPS item, since the published cost of $18 for the member's magazine subscription is in each MA magazine for "postal" considerations, what would happen if some Good Samaritan decided that in the interest of honest society, he should notify the US Postal Service Attorney General, that AMA has filed false documents for the purpose of securing lower mailing costs. [:-] Just a passing thought!

AMA IS a non-profit corporation under IRC 501 (c) (3). The magazine operation is considered an un related business. AMA is not subject to Federal Income Taxes. Portions of the magazine operation are. IMO, if MA was paying some $400,000 FIT each year, then over a million $$ of AMA funds would be available for other interests, perhaps subsidizing park-fliers.