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76 EXPENSES: [[3 column table]] Office of Membership and Development | 12 | $499 Resident Associates | 40 | 2,424 National Associates | 25 | 8,048 Magazine | 82 | 38,196 Total | 159 | $49,167 [[/table]] Net Gain: $7,627 The Resident Associate Program offers a variety of popular classes, lectures, tours, and other activities for members in the metropolitan Washington area. It has been self-supporting since 1972, generating modest net funds each year which are budgeted with unrestricted funds of the Institution. Elements of the National Associate Program are the educational travel services, the contributing membership program, the regional events program. and the selected studies seminars. The National Associate Program is not expected to produce net income expect for the travel and contributing membership programs. The fund-raising and administrative costs of the Office of Membership and Development are considered as an expense item against unrestricted funds. Contribution to the Smithsonian from corporations, foundations, and individuals approximated $3,500,000 in FY 1982. This figure does not include the contributing membership program, contributions from the members of the James Smithson Society, or contributions towards the Quadrangle project or other construction and renovation programs. 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 of this group of activities is contained within the operations of the Magazine. In FY 1982, expenses of this trust funded activity were approximately $38,000,000, and the Institution realized net funds of about $7,500,000. The net funds will continue to fund various educational program operations of the Institution. [[underlined]] Future Year Prospectus Resident Associate Program [[/underlined]]. Membership, now at 54,000 in metropolitan Washington, is down from 55,000 in FY 1981, with a current retention rate of about 76 percent, as compared to 80 percent in FY 1980 and in FY 1981. The current biennial random sampling membership survey indicates that about 92 percent of the present membership intends to renew, so it is hoped that this figure, combined with contemplated limited promotion, will return membership to the 55,000 level by FY 1988-89. The Residence Associate Program will continue to organize education and member activities
