2024-2025 CNSA Financial Statements
The financial year ending 31 March 2025 reflects CNSA’s ongoing commitment to strategic investment in our members, our team, and the systems that support both. While the Society posted a modest operating deficit of $6,241, this was the result of planned investments during a growth phase—investments that position us for long-term success.
We remain in a strong financial position, with net assets of $888,978, significant cash reserves, and more than $1.7 million in income received in advance, including government funding to support future initiatives.
CNSA is in a solid position as a national membership organisation. With record-high membership numbers and increasing visibility across the healthcare sector, we have invested in:
- A new digital platform and website that will significantly improve user experience, access to education, and member services.
- Grants, scholarships, and professional development opportunities that directly benefit cancer nurses across Australia
- Governance and operational infrastructure to support our growing team and increasing scope of work.
- Increased advocacy and promotion of the role of Cancer Nurses as a specialty, including the inaugural Cancer Nurses Day
- Expanded staffing capacity to enhance delivery of education, events, and member engagement.
- The next generation of Cancer Nursing leaders, through the creation of the Early Career Cancer Nurses membership category and Cancer Nursing 101 webinar series.
These investments are essential to future-proofing CNSA, supporting the workforce, and scaling impact.
CNSA continues to strengthen its financial foundation through a diverse and growing mix of revenue, including:
- A record number of membership subscriptions, reflecting trust and engagement from the cancer nursing workforce.
- Increased funding from national partners and sponsors, recognising the value of CNSA’s work and reach; and validating the role and importance of cancer nursing to improve patient outcomes.
- Ongoing income from flagship events such as the Annual Congress, and expanding education offerings, including workshops and podcasts.
Members are encouraged to find out more about the Commonwealth Government grant of $996,182, which was secured to support a multi-year project to develop a Cancer Nursing Education Portal, with $641,369 received and recognised as income in advance for FY25.
This diversity of income ensures long-term financial resilience and reduces exposure to risk from any single revenue source.
At just $220 per year, CNSA membership continues to offer exceptional value. Member benefits include:
- Access to free and discounted education, including webinars, podcasts, local events and workshops
- Professional development grants and scholarships
- Participation in Specialist Practice Networks and Communities of Practice
- Access to over 300 evidence-based resources in the CNSA Resource Library
- Advocacy representation on national policy and workforce matters
- A growing community of support and mentorship for every career stage
These benefits reflect CNSA’s mission to equip, empower, and elevate cancer nurses, and are consistently reviewed and expanded to meet member needs.
CNSA is entering a new chapter of growth and influence. With a strong financial base, increasing partnerships, and a rapidly expanding member community, we are well-positioned to scale our impact and respond to national health priorities.
We will continue to invest in:
- Support for the cancer nursing workforce
- Improved systems and services
- Sustainable growth and sector leadership
CNSA is here for the long term—and we thank our members, partners, and supporters for helping us build a stronger future for cancer care in Australia.