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The Magazine has been one of the most successful public education ventures established by the Institution.  Its general acceptance is a tribute to the role it has played in filling a need for style and elegance, as well as lucid reporting on cultural and scientific developments taking place in today's world.  The largest portion of the resources for this group of activities is contained within the operations of the Magazine.  In FY 1980, the expenses of this rust fund activity are expected to approximate $28,700,000 and the Institution should realize a net surplus of $6,000,000.  The surplus will continue to fund various educational and program operations of the Institution described elsewhere.

A breakdown of FY 1980 estimated income and expenses related to general and special purpose unrestricted trust fund operations of the Associate Programs follows:

[[table, 3 columns]]

 | [underlined]] Full-Time Employment | FY 1980 Unrestricted Funds ($000s) [[/underlined]]

INCOME:

Development Office |  | -
Resident Associate Program  |  | $2,160
National Associate Program |  | 6,700
Magazine |  | [[underlined]] 34,700 [[/underlined]]
Total |  | $43,560

EXPENSES:

Development Office | 8 | $300
Resident Associate Program | 39 | 2,201
National Associate Program | 23 | 6,660
Magazine | [[underlined]] 75 | 28,700 [[/underlined]]
Total | 145 | $37,861

Net Gain |  | $5,699 [[/table]]

[[underlined]] Future Year Prospectus
Resident Associate Program. [[/underlined]]  Membership, now at $3,000 with an annual retention rate of 80%, will probably increase gradually to about 60,000 by FY 1986.  The Resident Associate Program will continue to organize high quality, innovative, scholarly and educational opportunities for adults and young people through courses, seminars, lecturs, workshops, and behind-the-scenes tours.

Special emphasis will be placed on courses geared for office workers and the retired.  One- and two-day seminars will be expanded.  Scholarships will be offered to inner-city children.  Opportunities for visually and