The story of the Institute budget a presentation of facts and figures

The extent of the contribution that can be made by any organization such as the Institute is determined by the soundness of its business policies. The furtherance of its aims, to promote technological advancement and the best interests of its membership, is predicated upon its ability so to manage its affairs that it may foster uninterruptedly those activities that are consistent with the purposes for which it exists. It is important that its members be qualified technically, if advances in the electrical art are to be made, but it is just as important that the members have knowledge of the financial aspects of the Institute's affairs if they would be equally qualified to promote the well-being of the institution which concerns itself not only with technical matters, but also with the improvement of the professional status of those engaged in electrical engineering.