Boomers Grow The AARP

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New York Times today looks at magazines run by non-profit organizations. One segment of the story really stood out.

AARP the Magazine bills itself as the “world’s largest circulation magazine,” and it is true by a wide margin because of the expanding base of boomer readers. Six times a year, the magazine is shipped to 22 million homes representing 37 million AARP members. They receive the magazine as part of their $12.50 annual membership, which also gets them a regular bulletin.
AARP, according to the financial statements of its parent organization, increased advertising revenue by 37 percent, to $106 million, in 2005, from $77.6 million in 2003. Just as important, the magazine plays a central role in promoting AARP and affiliated products like insurance, from which the organization makes $300 million a year in royalties. Then there is $84 million in federal and other grants, as well as $55 million in contributions.

That $545 million in “non-profit.”

About David Burn

I wrote my first ad for a political candidate when I was 17 years old. She won her race and I felt the seductive power of advertising for the first time. After working for seven agencies in five states and freelancing for several more, I ventured out on my own in 2009. Today, as head of brand strategy and creative at Bonehook in Portland, Oregon, I'm focused on providing effective integrated marketing solutions to mid-market clients.