The balance of TSL budget is stable, with projected funds of approximately $71,602 at the end of 2020. This is a somewhat lower value than 2017-2019 but exceeds all funds from before 2016.
The COVID crisis has also affected our finances in 2020. It was a very unusual year in that some increases in expenses were planned, but the virtual conference led to expense savings. At the same time, we experienced dramatic revenue losses, likely due to the pandemic. Yet, the long-term financial health of TSL is stable.