<blockquote>They are dropping over $1mil to the bottom line! They are rolling in money from just this one journal. I would bet their payroll matches that of for profit concerns.</blockquote>
Define "payroll." I've got the 2012 Form 990 right here. Total publication expenses were $5.8 million, and total publication revenue was $8.1 million. All told, the society came out ahead by $1.8 million on the year. Average for-profit revenue per paper in 2011 was <a href="http://www.nature.com/news/open-access-the-true-cost-of-science-publishing-1.12676" rel="nofollow">$5000</a>. I'm getting $2040 for this portfolio in 2012.
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