Page 56 - July1998

lq8 }{AT]0NA: III:N:l-::T:1\r Julv 1998

National Button Society
Statement of Fund Balance - Cash Basis
December 31, 1997

Ganeral adtms cdor Life Memodal Total
Fund Fund Fund Fund (Memo)

Beginning Fund Balance,
January 1,1997 s 129,431 s 127,758 74,736 14,937 346,862

Net Income (93) 21 ,397 7,456 1,200 29,960
Fund Balance,
December 31. 1997 I 1 29,338 $ 149,155 42.192 16,137 376,822

National Button Society
Statement of Cash Flows
For the Year Ended December 31, 1997
Cash flow from Operating Activities:
Cash from: Contributions I 24,822
Dues 67 ,911
Interest 19,060
Miscellaneous 1,133
Advertising 9,167
Sales 5,207
Show income 5,268
Award income 1,620
Total Cash 'l 34,1 88
Cash for: Expenses (102,729],
Federal income taxes (2,OOO)
Total Cash for Operations (104,729)

Total Increase to Cash 29,459

Cash Balance December 31, 1997

See accompanying accountants, report and notes to financial statements