| Summarized Statement of Revenues and Expenses and Changes in Fund Balances for the year ended July 31, 2022 | 2022 | 2021 | ||
| Revenues | ||||
| Realized investment income | $ | 5,012,849 | $ | 6,465,805 |
| Other | 1,520,265 | 1,896,003 | ||
| Government and other grants | 814,741 | 514,753 | ||
| Unrealized investment gains (losses) | (6,681,337) | 7,281,235 | ||
| 666,518 | 16,157,796 | |||
| Expenses | ||||
| Research and conferences | 4,458,073 | 4,095,117 | ||
| Amortization | 2,156,408 | 2,109,074 | ||
| Administration | 1,877,395 | 1,769,051 | ||
| Facilities | 1,120,979 | 995,343 | ||
| Technical support | 783,488 | 698,782 | ||
| 10,396,343 | 9,667,367 | |||
| Excess of Revenues over Expenses (Expenses over Revenues) | (9,729,825) | 6,490,429 | ||
| Fund Balances, Beginning of the Year | 174,452,935 | 167,962,506 | ||
| Fund Balances, End of the Year | $ | 164,723,110 | $ | 174,452,935 |
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2022 Annual Report