Conclusion Line Summary of 2023 Proposed Budget Projected 2023 Gross Revenues
$7.1 million
$6.4 million
Projected Total Expenses for 2023:
Projected 2023 Budget Net Revenues: approx. (+) $781,000 under budget For the remainder of 2022 and the start of 2023, the IGA is in a strong cash position after our first full Tradeshow and Membership collection since the pandemic. In addition, as part of our deal with Clarion LLC, our Tradeshow partner, IGA received a $1.5 million cash loan to help the IGA through the 2022 tradeshow. For FY 2022, the IGA currently projects to come in $1.8 million under budget for 2023. The IGA emerged from the pandemic with our finances intact. The goal for next few fiscal years will be to develop a reserve and continue to diversify our revenue generating income streams. Seventy (70%) percent of IGA’s revenues still is generated from the Tradeshow. We look forward to implementing new programs and membership outreach to diversify IGA’s income. The Deputy Executive Director and I will provide updates to the Chairman and elected officers as the programs are developed and of course provide full Board updates at our Annual and Mid-Year meetings in 2023. I look forward to 2023 and working with all of Indian Country, our member Tribal Nations, and sister organizations to continue the hard work of protecting tribal sovereignty and tribal economic self-sufficiency.
Jason Giles Executive Director
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