HMAA Member Financial Review Report
Overview for members
Over the past several years, HMAA has grown into a national voice for horticultural media, storytelling, awards, networking and professional connection. With that growth has come increased activity — and increased costs — particularly in digital communications.
This update explains:
- Where HMAA’s money is currently going
- Why changes are being considered
- What options are proposed for members
Our financial position (in brief)
- HMAA remains financially solvent, with no debt.
- HMAA have kept the membership fee increase at a minimum 6% increase ($91 to $98) over 7 years. CPI increased 29% for the same period.
- Cash reserves have reduced from just over $100,000 in 2022 to around $55,000 in 2025.
- The main reason for this change is increased investment in communications, including regular webinars, introduction of the weekly Friday Blast newsletter and major upgrade of the website.
Put simply: our activities have grown faster than our income.
cont’d
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