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

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(estimated costs for main programs)
(updated/estimated admin costs)
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|Payroll service
  
|Payroll service
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| align="right" |$650
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| align="right" |$950
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| width="65%" |{{note|Gusto payroll service}}
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| width="65%" |{{note|Gusto payroll service}} <!-- their price just went up last 2023 -->
 
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|Transaction fees
  
|Transaction fees
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| colspan="2" |'''Legal costs'''
  
| colspan="2" |'''Legal costs'''
 
| align="right" |'''$200'''
  
| align="right" |'''$200'''
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|{{note|Tax filings and business registrations}}
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|{{note|Tax filings and business registrations -- shall we budget more for new accounting/audit services?}}
 
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| colspan="2" style="width:10px;" |'''Coworking space'''
  
| colspan="2" style="width:10px;" |'''Coworking space'''
 
| align="right" |'''$900'''
  
| align="right" |'''$900'''
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| width="65%" |{{note|OpenGovHub, affiliated with WMF's membership}}
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| width="65%" |{{note|Shared space for occasional editathons and meetings at OpenGovHub, affiliated with WMF's existing membership, starting in December 2023}}
 
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|-
 
| 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}}
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| width="65%" |{{note|Rental fees for P.O. Box 9822, Washington, DC 20016}}
 
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|-
 
| colspan="2" |'''Technology'''
  
| colspan="2" |'''Technology'''
 
| align="right" |'''$1,600'''
  
| align="right" |'''$1,600'''
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|{{note|Hosting and domain name registrations.}}
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|{{note|Hosting and domain name registrations}}
 
|-
  
|-
 
| colspan="3" |'''Total administrative costs'''
  
| colspan="3" |'''Total administrative costs'''
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== Notes ==
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{{note|Start-of-fiscal-year bank balances reflect recent revenues from (1) A large grant received from the WMF covering regular costs for this fiscal year and 3 months before and 3 months afterward; (2) A $25,000 grant received from the WMF for Movement Strategy Implementation for research on a North American Hub. s received This resolution passed in an executive board meeting on Oct 31 2023}}
   
 
[[Category:Annual budgets]]
  
[[Category:Annual budgets]]

Revision as of 21:28, 28 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 3-month portion of Movement Strategy Implementation Grant recieved from the WMF, to research prospects for a North American coalition/hub
Restricted cash $17,100 Includes unspent funds from prior-year grants and grant funds administered under fiscal sponsorship agreements.
Total cash at start of fiscal year $108,043 Bank balance, not including small amounts in Paypal, receivables, or payables.
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 $0 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
$0
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 $75,000 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 and for North American WikiConference/Hub partnership activities
Total program costs $78,000
Administrative costs
  Finance
  Accounting software $890 QuickBooks Online subscription
Payroll service $950 Gusto payroll service
Transaction fees $150 PayPal and bank wire fees
Total finance costs $1,640
Legal costs $200 Tax filings and business registrations -- shall we budget more for new accounting/audit services?
Coworking space $900 Shared space for occasional editathons and meetings at OpenGovHub, affiliated with WMF's existing membership, starting in December 2023
Post office box and postage $250 Rental fees for P.O. Box 9822, Washington, DC 20016
Technology $1,600 Hosting and domain name registrations
Total administrative costs $4,010

Notes

Start-of-fiscal-year bank balances reflect recent revenues from (1) A large grant received from the WMF covering regular costs for this fiscal year and 3 months before and 3 months afterward; (2) A $25,000 grant received from the WMF for Movement Strategy Implementation for research on a North American Hub. s received This resolution passed in an executive board meeting on Oct 31 2023

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