The Institute bucket for the year 1940–41

Information regarding the financial operations of the Institute is now given to the membership each year on two occasions, first with the publication of the annual report of the Institute board of directors for the fiscal year which ends April 30, and next with the adoption of a budget of income and expenditures for the appropriation year which begins October 1. The July 1940 issue of Electrical Engineering, news section, pages 290–303, carries the complete report of the board of directors for the fiscal year which ended April 30, 1940, in which appears a detailed account of all activities of the organization together with financial statements for the corresponding period.