The American Medical Association's profits and membership both grew in 2011, by about 3.35% and 1% respectively, according to the association's annual report (PDF)
Profits grew to $24.7 million from $23.9 million in 2010. Perhaps of more importance, they were up 1.23% from the $24.4 million recorded in the pre-recession year of 2007.
The report notes that the AMA grew to approximately 217,000 members, which is up slightly from the 215,854 reported for 2010
The report notes that membership "increased for the first time in years." Membership had declined
for three straight years after a slight increase in 2007, when the AMA had 241,000 members. Membership increased slightly that year thanks to 8,577 free memberships given to first-year residents who had been student members the previous year. Before 2007, membership had declined for seven consecutive years.
For 2011, the AMA reported that group and resident membership had increased, but those members pay less in dues. Also, six states dropped out of a joint marketing agreement. So, despite the increase in membership, dues revenue dropped almost 1.6% to $37.5 million from $38.1 million.
Total revenue increased 4.2% to $285.3 million from $273.8 million.