2013 WAS ANOTHER STRONG year financially for AMC, with positive results coming from many

different parts of the organization. The number of milestones reached last year was quite exceptional and the result of outstanding teamwork by volunteers and staff. Some of the highlights include:

Total revenues and funding sources for all of AMC’s staff-, vol-unteer-, and chapter-managed activities reached a record high and crossed $24 million for the first time.

AMC’s annual fund hit a new high of over $3 million.

Membership reached a ten-year high, continuing the growth of recent years, and contributed $2.9 million in financial support to AMC operations.

AMC’s total grant revenue of $1.7 million was up from a year ago, despite a challenging environment for institutional funding.

In the 125th-anniversary year of the AMC hut system, occupan-cy for all of AMC’s staff- and volunteer-managed huts, lodges, camps, and cabins reached new highs, with related revenues crossing the $10 million threshold for the first time.

Revenues from our Maine Wilderness Lodges were up almost 10 percent from 2012, with occupancy up at both Gorman Chairback and Little Lyford, continuing to track our ambitious financial growth plan.

AMC’s endowment reached a record level of over $60 million. The performance of our endowment investment portfolio con-tinues to rank in the top tier of similar funds around the coun-try. Overall endowment income provided over $2.3 million in support for AMC operations.

In the midst of reaching new financial heights and passing new milestones, AMC continues a tradition of careful, prudent, and conservative financial management. We ended 2013 with a small surplus from operations that will be allocated to reserve funds, pro-viding another source of future funding to help support key proj-ects. AMC’s commitment to maintaining a solid financial position while setting ambitious financial targets, of continuing to build a diversified set of revenue streams and financial support, of beating our targets when we can and finding ways to offset shortfalls where they may happen, is all part of what makes this organization consis-tently financially strong, year after year.

Financial progress on all of these fronts enabled us to sustain and strengthen program support in many areas of AMC’s mission, including outdoor engagement of families and youth, trail building and maintenance, conservation research, and policy. It also enabled us to spend $1.3 million on capital investments in facilities and tech-nology. And we continued our Campaign for the Bay Circuit Trail and its promise of enhancing close-to-home recreation opportu-nities for over 4 million people in the Greater Boston area. This campaign showed great momentum, passing $1 million in pledges and securing a major challenge grant.

It is our 150,000 AMC members, volunteers, advocates, and supporters, as well as the collaboration of our many partner, cli-ent, and supplier organizations, that have enabled the Appalachian Mountain Club to build an important set of assets—monetary, or-ganizational, strategic, and human—that we will deploy in pursuit of our mission. You have our ongoing commitment to steward these resources in the coming years to achieve progress for our con-stituents and to build a stronger organization for the future.

APPALACHIAN MOUNTAIN CLUB SUMMARY OF

2013 ANNUAL REPORT

Cliff Krauss TREASURER

1

162,0008,0001,151

guest overnight experiences at lodges, huts, shelters, camps, and cabins

volunteer-led activities, including chapter and Adventure Travel programs

new leaders trained

Advancing Excellence in Outdoor Recreation and Leadership Training

150,000 constituents, including members, advocates, and supporters

Expanding the Breadth and Strength of the AMC Community

68,645 experienced the outdoors through AMC programs and destinations

Getting Kids Outdoors

Leading on Regional Conservation Action

1,81137,08216,697

miles of trails maintained

volunteer trail hours

acres of land protected working with partners

2013 Progress Toward Vision 2020

at work

your

SUPPORT

Realizing the Larger Opportunities in the Maine Woods

66,5008012

acres permanently protected

miles of trails open for hiking and skiing

miles of trout streams restored

2

FUNDING SOURCES (In $1,000s)

2013 2012 2011

Contributions, Gifts, and Grants 4,76 1 4,516 4,090

Membership Dues 3,091 3,011 2,965

Outdoor Centers 10,253 9,700 9,142

Programs* 2,040 1,841 1,292

Publications 677 746 7 1 1

Endowment Spending Allocation 2,380 2,014 1,862

Special Project Funding** 793 1 ,31 1 1,889

OPERATING FUNDING SOURCES 23,995 23,139 21,951

EXPENSES

2013 2012 2011

Outdoor Centers 10,723 10,365 9,655

Programs* 6,595 6,095 5,782

Publications 627 660 644

Member Services 2,674 2,675 2,742

Fundraising 1,261 1,242 1,073

Administrative 1,963 2,016 1,950

OPERATING EXPENSES 23,843 23,054 21,846

OPERATING SURPLUS 152 86 105

Non-Operating Contributions, Investment,and Other Activity

5,598 3,851 3,344

TOTAL CHANGE IN NET ASSETS 5,750 3,937 3,449

NET ASSETS, BEGINNING OF YEAR 99,399 95,462 92,013

NET ASSETS, END OF YEAR 105,149 99,399 95,462

2013 OPERATING EXPENSES

2013 FINANCIAL HIGHLIGHTS For a detailed financial statement, see: outdoors.org/about/financial-information.cfm

54,764

2012

ENDOWMENT (in$1,000s)

$50,000

$60,000

$40,000

$30,0002011

50,489

2013

60,505

* Programs include Conservation, Outdoor Engagement, Leadership Training, Trails, and Research** Special Project Funding includes funding for the Maine Woods Initiative provided from capital campaign receipts, and for Vision 2020 Initiatives provided from other reserves

2013 OPERATING FUNDING SOURCES

Outdoor Centers 43%

Membership Dues 13%

Contributions, Gifts, and Grants 20%

Publications 3%

Programs* 8%

Special Project Funding** 3%

Endowment Spending Allocation 10%

Member and donor supportProgram fees

Special project funding

Outdoor Centers 45%

Programs* 28%

Fundraising 5%

Publications 3%

Member Services 11%

Administrative 8%

AdministrativeProgram delivery

Fundraising

3

Building AMC’s Community: AMC membership reaches highest level since 2003. AMC opens new program office at the West Side YMCA in New York, bringing chapter and staff resources together in one location. AMC holds first-ever College Get Outside Weekend, featuring workshops on leadership and trails along with many outdoor activities. AMC launches new Kids Outdoors (kids.outdoors.org) online community in Philadelphia. A new partnership between AMC and the Wounded Warriors Project culminates in a special outdoor weekend for 10 New England families and their military service veterans. AMC Adventure Travel volunteers lead 448 participants on 28 trips around the world.

Conservation: AMC, working with partners, offers detailed comments and testimony regarding the proposed Northern Pass transmission project. AMC also develops a fly-over video showing the height and location of the project’s more than 2,300 new and enlarged proposed transmission towers. AMC staff testifies before New Hampshire and Maine legislative committees on bills that would improve the standards and procedures for permitting commercial wind power projects. AMC marks the 10th anniversary of its Mountain Watch citizen-science program.

Trails: AMC’s professional trail crew logs 7,679 hours on projects in the White Mountains, including relocation projects on the Nancy Pond, Avalon, and Mt. Willard Trails to repair damage caused by Tropical Storm Irene. 1,507 trail volunteers contribute 37,082 hours improving access and conserving wonderful natural areas from Baxter State Park to the White Mountains to the Berkshires. AMC backcountry campsites see increased visitation, with more than 12,000 overnights. AMC completes a comprehensive baseline assessment of the Bay Circuit Trail to aid in corridor protection and trail management, and launches an effort to extend the Connecticut River Paddler’s Trail south into Massachusetts and Connecticut. With Mass. DCR and the National Park Service, AMC dedicates a 22-mile section of the New England National Scenic Trail in Massachusetts. A new Pennsylvania Highlands Trail Network feasibility study identifies preferred trail routes in Bucks, Lehigh, and Northampton counties.

Outdoor Learning and Leadership: AMC’s Youth Opportunities Program (YOP) has its most successful year ever, serving a record 30,000 youth, an increase of 20% from 2012. YOP also trains a record 450 youth workers and teachers across our region. AMC launches Outdoors Rx in collaboration with MassGeneral Hospital for Children, and completes its first pilot season of programming, reaching 700 participants. Thanks to the support of generous donors, Teen Wilderness

2013 HIGHLIGHTS

Adventures awards more than 20 full and partial scholarships to families and youth-serving agencies across New England. A Mountain Classroom provides 6,384 learning experiences for students across New England, with significant growth in place-based community initiatives in Coos (NH) and Piscataquis (ME) counties. Ninety-five college students from 15 different institutions complete leadership training with AMC.

Maine Woods Initiative: AMC completes numerous projects on its trail and logging road network, replacing three major trail bridges, performing major signage upgrades, maintaining 56 miles of ski trails. Four local logging crews, including one horse crew, sustainably harvest 5,500 cords of wood, which are sent to local mills. AMC works to improve stream passage for trout and aquatic habitat by replacing four culverts with new bridges that will restore natural stream flows. Piscataquis County Education programs reach 578 students through 52 educational programs. Cabin renovations are completed at Little Lyford. AMC’s Maine Wilderness Lodges win the coveted Society of American Travel Writers Phoenix Award, recognizing AMC’s efforts to attract new nature-based tourism to the Maine Woods over the past decade as part of the Maine Woods Initiative.

Outdoor Program Centers: AMC hosts a record 162,170 guest overnights, with record occupancy at White Mountain Huts, Noble View Outdoor Center, and Maine Wilderness Lodges. AMC celebrates the 125th anniversary of the huts system, generating national media coverage. Newly renovated bunkrooms debut at Zealand Falls Hut, and campground improvements are completed at Cardigan Lodge. Over 4,600 visitors participate in astronomy programs offered by AMC in partnership with Carthage College. Mohican Outdoor Center celebrates its 20th anniversary and launches guided naturalist programs during summer weekends. More than 150 information volunteers and volunteer naturalists contribute a total of 7,460 hours providing trail information and walk-on programs, and serving as co-leaders for popular family and adult adventure programs.

CLOCKWISE FROM TOP LEFT: YOPgroupinWorcester,MAreadytohitthetrail;AMCCartographerLarryGarlanddoingfieldworkonBayCircuitTrail;AMCcelebrateshuts125thanniversary;NorthernPassFlyoverVideoshowsvisualimpactnearDeerfield,NH;CollegeTrailsDay;AMClaunchesOutdoorsRxprogramwithdoctorsfromMassGeneralHospitalforChildren.

PH

OT

OG

RA

PH

S:P

RE

VIO

US

SP

RE

AD

(L

EFT

TO

RIG

HT

):S

AL

LYM

AN

IKIA

N,A

MC

FIL

ES

,HE

RB

SW

AN

SO

N,A

MC

FIL

ES

(3

),R

YA

NS

MIT

H;P

RE

VIO

US

PA

GE

(L

EFT

TO

RIG

HT

):T

OM

U

ND

ER

WO

OD

,AL

EX

DE

LUC

IA,H

ER

BS

WA

NS

ON

;TH

ISP

AG

E(

TO

PR

OW

LE

FTT

OR

IGH

T):

AM

CF

ILE

S(

4);

(B

OT

TO

MR

OW

LE

FTT

OR

IGH

T):

RY

AN

SM

ITH

,AM

CF

ILE

S

4