Difference between revisions of "Annual budget (2023–2024)"

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(updated revenues)
(updated estimates)
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{{color bar header|title=Annual Budget for Fiscal Year 2023–24|toc=yes}}
  
{{color bar header|title=Annual Budget for Fiscal Year 2023–24|toc=yes}}
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This budget lists Wikimedia DC's planned revenues and expenses for the 2023–24 fiscal year, which began on October 1, 2023 and will end on September 30, 2024. <!--The associated programs and objectives are discussed in the (draft) [[Annual plan (2023–2024)|Annual Plan for Fiscal Year 2023–24]].-->
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This budget lists Wikimedia DC's planned revenues and expenses for the 2023–24 fiscal year, which began on October 1, 2023 and will end on September 30, 2024. Figures are estimates. <!--The associated programs and objectives are discussed in the (draft) [[Annual plan (2023–2024)|Annual Plan for Fiscal Year 2023–24]].-->
   
 
==Summary==
  
==Summary==
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|Contracts
  
|Contracts
 
| align="right" |$5,500
  
| align="right" |$5,500
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| width="65%" |{{note|From Hacks/Hackers, WikiCred and ARTT grants, now underway}}
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| width="65%" |{{note|From Hacks/Hackers for NSF-sponsored project, the ARTT Guide grant now underway}}
 
|-
  
|-
 
|'''Total restricted revenue'''
  
|'''Total restricted revenue'''
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|-
  
|-
 
|Corporate donations
  
|Corporate donations
−
| align="right" |$1,000
 +
| align="right" |$0
 
| width="65%" |
  
| width="65%" |
 
|-
  
|-
 
|'''Total unrestricted revenue'''
  
|'''Total unrestricted revenue'''
−
| align="right" |'''$3,500'''
 +
| align="right" |'''$2,500'''
 
| width="65%" |
  
| width="65%" |
 
|-
  
|-
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|Staff and contractors
  
|Staff and contractors
 
| align="right" |$71,000
  
| align="right" |$71,000
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| width="65%" |{{note|Wages and fringe costs for one full-time staff position, the Institutional Partnerships Manager.}}
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| width="65%" |{{note|Wages and fringe costs for one full-time staff position, Wikimedia DC's Programs and Partnerships Manager}}
 
|-
  
|-
 
| colspan="2" |'''Leadership development and support'''
  
| colspan="2" |'''Leadership development and support'''
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| rowspan="1" style="width:10px;" |&nbsp;
  
| rowspan="1" style="width:10px;" |&nbsp;
 
|Sponsored programs
  
|Sponsored programs
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| align="right" |$20,000
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| align="right" |$3,000
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| width="65%" |{{note|North American Hub and/or WikiConference fiscal sponsorship and management}}
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| width="65%" |{{note|Costs for staff travel, North American Hub, and North American WikiConference partnerships}}
 
|-
  
|-
 
| colspan="2" |'''Total program costs'''
  
| colspan="2" |'''Total program costs'''
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|Accounting software
  
|Accounting software
 
| align="right" |$890
  
| align="right" |$890
−
| width="65%" |{{note|QuickBooks Online subscription.}}
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| width="65%" |{{note|QuickBooks Online subscription}}
 
|-
  
|-
 
|Payroll service
  
|Payroll service
 
| align="right" |$650
  
| align="right" |$650
−
| width="65%" |{{note|Gusto payroll service.}}
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| width="65%" |{{note|Gusto payroll service}}
 
|-
  
|-
 
|Transaction fees
  
|Transaction fees
−
| align="right" |$100
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| align="right" |$150
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| width="65%" |{{note|PayPal and bank wire fees.}}
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| width="65%" |{{note|PayPal and bank wire fees}}
 
|-
  
|-
 
|'''Total finance costs'''
  
|'''Total finance costs'''
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|-
  
|-
 
| colspan="2" |'''Legal costs'''
  
| colspan="2" |'''Legal costs'''
−
| align="right" |'''$600'''
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| align="right" |'''$200'''
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|{{note|Tax filings.}}
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|{{note|Tax filings and business registrations}}
 
|-
  
|-
 
| colspan="2" style="width:10px;" |'''Coworking space'''
  
| colspan="2" style="width:10px;" |'''Coworking space'''
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| align="right" |'''$300'''
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| align="right" |'''$900'''
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| width="65%" |{{note|Cove.}}
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| width="65%" |{{note|OpenGovHub, affiliated with WMF's membership}}
 
|-
  
|-
 
| colspan="2" |'''Post office box and postage'''
  
| colspan="2" |'''Post office box and postage'''
 
| align="right" |'''$250'''
  
| align="right" |'''$250'''
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| width="65%" |{{note|Rental fees for PO Box 9822, Washington, DC 20016; and possible direct mail fundraising appeal.}}
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| width="65%" |{{note|Rental fees for PO Box 9822, Washington, DC 20016}}
 
|-
  
|-
 
| colspan="2" |'''Technology'''
  
| colspan="2" |'''Technology'''
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| align="right" |'''$1,220'''
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| align="right" |'''$1,600'''
 
|{{note|Hosting and domain name registrations.}}
  
|{{note|Hosting and domain name registrations.}}
 
|-
  
|-

Revision as of 04:22, 21 November 2023

This budget lists Wikimedia DC's planned revenues and expenses for the 2023–24 fiscal year, which began on October 1, 2023 and will end on September 30, 2024. Figures are estimates.

Summary

Cash flow
Cash at start of fiscal year
  Unrestricted cash $2,500
Restricted cash $13,100 Includes unspent funds from prior-year grants and grant funds administered under fiscal sponsorship agreements.
Total cash at start of fiscal year $15,600
Cash at end of fiscal year
Unrestricted cash $1,990
Restricted cash $17,100
Total cash at end of fiscal year $19,090
Revenue
Restricted revenue $95,000 A detailed list of restricted revenues is provided below.
Unrestricted revenue $3,500 A detailed list of unrestricted revenues is provided below.
Total revenue $98,500
Expenses
Program expenses $91,000 A detailed list of program expenses is provided below.
Administrative expenses $4,010 A detailed list of administrative expenses is provided below.
Total expenses $95,010

Revenue

Restricted revenue
  Grants $97,633 Fiscal 2024 portion of 18-month Wikimedia Community Fund grant from the Wikimedia Foundation, already received. Approval was documented here
$11,000 3-month portion of a Movement Strategy Implementation Grant from the WMF, to research prospects for a North American coaltion/hub
Contracts $5,500 From Hacks/Hackers for NSF-sponsored project, the ARTT Guide grant now underway
Total restricted revenue $95,000
Unrestricted revenue
  Member dues and donations $2,500 Membership dues and associated donations not exceeding $2,500 per member per year.
Corporate donations $0
Total unrestricted revenue $2,500
Total revenue $98,500  

Expenses

Program costs
  Institutional partnerships
  Staff and contractors $71,000 Wages and fringe costs for one full-time staff position, Wikimedia DC's Programs and Partnerships Manager
Leadership development and support
  Sponsored programs $3,000 Costs for staff travel, North American Hub, and North American WikiConference partnerships
Total program costs $91,000
Administrative costs
  Finance
  Accounting software $890 QuickBooks Online subscription
Payroll service $650 Gusto payroll service
Transaction fees $150 PayPal and bank wire fees
Total finance costs $1,640
Legal costs $200 Tax filings and business registrations
Coworking space $900 OpenGovHub, affiliated with WMF's membership
Post office box and postage $250 Rental fees for PO Box 9822, Washington, DC 20016
Technology $1,600 Hosting and domain name registrations.
Total administrative costs $4,010
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