Cutting the price of membership due to not receiving a magazine will not reduce the annual deficit. Yes you may get a few additional members but at $20 each you would have to double the clubs membership to get the club to breakeven. I do not know where this years $7000 convention loss came from but the financials say that the banquet took in $4100 but cost $6400. There is also $7500 in misc. costs. Somewhere in those two is probably the cost of the volunteer banquet. We spent $3700 on advertising and almost $1500 on printing misc. items for the convention (no idea what that could be). The big item seems to be the convention room cost. The room that we hoped was going to be free when we first moved from the main convention area actually cost $5000 the first year. That cost is now $15,000 - the same as we were paying for the original location. As mentioned before the club itself normally runs near breakeven with the magazine being its largest cost by far - it eats up almost all of the dues paid each year. That means that the convention also needs to run near breakeven. This year the club lost $9,000 plus the $7000 for the convention and $3000 for the MOGH. Overall not good.