CEDIA is in the Black
CEDIA as an organization will be in the black this year, the group's treasurer said as part of the financial report presented in the company's keynote address Friday morning at CEDIA Expo.
"We will end 2010 in the black," Randy Stearns said during the keynote. "We continue to operate as a strong financial entity with cash reserves and strong investments."
CEDIA did not release raw numbers, but did state, in a slide posted at the keynote, that CEDIA Expo accounted for 50 percent of the organization's revenue, followed by dues (16.12 percent), international operations (14.14 percent), education and certification (5.71 percent) and interest earned (5.7 percent.) Administration (39 percent) was CEDIA's biggest expense.