ERIC is a public charity non-profit membership organization. New members pay a one-time membership fee of $25,000, which is earmarked to help cover expenses for technology upgrades and expansions necessary to support our mission. Members also pay annual dues. Annual dues cover operating costs and are based, in part, on the citizen voting age population in each state. Thus, large states pay more in annual dues than small states. Members approve the dues and the annual budget. ERIC conducts annual independent audits of its financial statements. ERIC’s most recent financial audit and IRS 990 filings for the last three fiscal years are available below.