Elka Stein Chairperson The Board of Directors meets at least three times a year in various locations. Refer to the Calendar for upcoming meetings.

Major actions by the Board in 1999

• Approved 6 month "test" banner on the Casey at the Bat Main Plate

• Did not approve banner on the Allen Ginsberg Memorial Plate

• Affirmed "no advertising" policy at the CBA's website

• Did not approve website sales of T-shirts

• Re-affirmed policy that memberships dues are optional

• Approved 6-month contract with IDS for statistical data service

• Appointed Flash Black as Executive Director of the CBA

The concept of "membership" at the Cosmic Baseball Association underwent a detailed evaluation during the 1999 Season. This review came at a time of unprecedented gains in the number of requests for membership and the consequent processing of those requests. A final report on the nature of membership at the CBA will be completed and made available sometime during 2000. A broad range of possibilities is under consideration.

In 1999 the membership numbers soared past the 2,000 mark and headed towards the 2,500 gridline. The Board of Directors again re-affirmed CBA's policy of making membership dues optional. The consequence of that policy is that only about 1% of the membership pays any dues at all. On the other hand, you get what you pay for, and aside from a membership number and digitized membership logo, we don't really offer our members much more than the content of our website. And since that content is available to anybody, the motivation to pay for something already freely available is obviously low.

A secondary function of the membership division is to field the variety of questions, mostly via e-mail, that are sent to the CBA. The 1999 year saw a dramatic increase in the number of queries. Of course membership queries are given priority. Of the nearly six thousand requests for information about 10% came from members.

Estimates of membership growth for 2000 are in the 15-20% range and CBA will do its best to be responsive and helpful to the growing membership.

CBA Annual Report, Page 4

2.      The Cosmic Baseball Association is not strictly speaking a business enterprise and therefore it is not subject to the ways and means of an organization trying to make money. The Cosmic Baseball Association has not yet discovered a way to sell what it markets.

3.     The biggest expenses for the Cosmic Baseball Association are the fees paid to our internet service provider (ISP). We have been with essentially the same ISP for six years and despite our provider's growth and various mergers with other companies in the ISP market area, our costs have remained relatively stable with only slight annual increases. Our analysis indicates that the CBA pays a below-market rate for the volume of storage used on our ISP's servers.

4.    The primary source of money flowing into the Cosmic Baseball Association's coffers comes from membership dues and random contributions from friends. The total of these funds amounts to approximately 3% of total expenses.

5.      The financial situation of the Cosmic Baseball Association is currently stable but subject to quick change. Because the single most important commodity we transact for is basic time, and since the value of time fluctuates, sometimes radically, it is difficult to accurately assemble realistic budgets that will conform to reality over any given time. In terms of dollars and cents we expect expenses to grow at a moderate rate and income to grow at a generally slow rate.