ABSTRACT
This chapter examines the revenue side of the income statement with disaggregated data. The average amount of total revenues across the 53 unions rose 8.7 percent comparing end to beginning points to $139 million. Only two unions had total receipts above $500 million in 2018–2019, with seven less than $10 million. Twelve unions ended the period with lower total receipts than they had at the start. The unions’ average net receipts fell 6.2 percent. Only four unions had net receipts greater than $300 million in 2018–2019. Ten unions had less than $10 million and 14 ended the period with lower net receipts. Four unions had member-based income (MBI) greater than $200 million in 2018–2019, with 11 less than $10 million. On average, MBI rose 33.5 percent over the seven two-year intervals. Only four unions ended the period with less MBI than at the start. In contrast, business income (BI) fell 55 percent over the seven intervals and 34 unions ended the period with less BI. Only three unions generated more than $100 million in BI in 2018–2019 compared to 14 with less than $1 million. Over time, the unions, on average, became more dependent on MBI and less dependent on BI as a share of net receipts.
