Annual financial report (2013–2014)

Report from the Audit Committee

Forthcoming

Income Statement

Revenue
	Grants	$64,365.62	Grants from the Wikimedia Foundation ("Projects 2014" less amount leftover from bootstrapping grant, "Summer of Monuments 2014," "Workshop Facilitator Training") and Wikimedia New York City. ("WikiConference USA 2014 scholarships")
	Grant refunds	$3,912.32	Refunded to Wikimedia New York City following WikiConference USA
	Net grant revenue	$60,453.30	All from the Wikimedia Foundation or Wikimedia NYC
Donations	$6949.00	Almost all from members
Membership dues	$720.00	71 members, one of whom paid for two years ; includes certain amounts paid out as transactions fees
Total revenue	$72,034.62
Expenses
	WikiConference USA 2014 scholarships	$18,087.68	We funded travel to New York City for 25 scholarship recipients.
	Wikipedia Summer of Monuments	$16,774.67	Stipends, travel expenses, perhaps also equipment
	Workshop Facilitator Training	$14,606.70
	Edit-a-thon events	$1,178.33
	Hack-a-thon events	$2,443.02
	Flagship outreach events	$1,274.74	Outreach events funded include Annual Meeting 2013, Wiki Loves Monuments reception, and the Great American Wiknic.
	National outreach grants	$841.99	Grants for events in Boston; New York; and Portland, Oregon
	Wiki Loves Monuments prizes	$950.00	For Wiki Loves Monuments in 2013. Prizes for Summer of Monuments will be documented in the Annual Financial Report for Fiscal Year 2014–15.
	Summer of Monuments	$20,774.67	For Wiki Loves Monuments in 2013. Prizes for Summer of Monuments will be documented in the Annual Financial Report for Fiscal Year 2014–15.
	Transportation
	Internet connectivity	$604.89	CLEAR hotspot
	Office rent	$2130.00	to OSI Management and to Cove
	Administrative expenses
	Technical expenses	$347.96	Linode and Namecheap (also Gandi, to come)
	WikiSalon events
	Asset depreciation
	Asset loss		We lost a piece of equipment this fiscal year. We are also writing off a piece of equipment we now consider lost.
Transaction fees	$56.83
Total expenses
Net income
	Net surplus (deficit)

Statement of Accumulated Surplus

	Beginning accumulated surplus	$6,894.62
	Net surplus (deficit)
	Total net accumulated surplus

Balance Sheet

Assets
	Current assets
		Unrestricted cash
		Temporarily restricted cash
	Non-current assets
		Fixed assets		Computer equipment.
		Accumulated depreciation	$339.10
		Net fixed assets	$1,356.24
	Total assets
Liabilities and net assets
	Liabilities
		Net liabilities	$0.00
	Net assets
		Net accumulated surplus
		Total liabilities and net assets

Notes

About Wikimedia District of Columbia:

Wikimedia District of Columbia is the official chapter of the Wikimedia movement in the Washington, DC area. The chapter is incorporated in the District of Columbia, which is its principal place of business. The chapter serves the District of Columbia, Maryland, Virginia, Delaware, and West Virginia and conducts outreach activities to further the mission of the Wikimedia movement, including free access to the world’s information.

Internal controls:

The President and Treasurer are, and were throughout the fiscal year, the only persons authorized to incur expenses on behalf of Wikimedia District of Columbia, in accordance with the fiscal control policy. Expenses were authorized by the Board of Directors or by the President in order to conduct day-to-day business.

Accounts payable:

Wikimedia District of Columbia has no lines of credit, so any recognized accounts payable are from accounts where an expense is recognized but payment is deferred for any reason. Expenses are recognized when the chapter receives documentation of an expense such as an invoice or receipt.

Asset accounts:

Wikimedia District of Columbia maintains two checking accounts at Wells Fargo Bank, one for general purposes and the other for Wikimedia Foundation grants. The Wikimedia Foundation required that funds associated with grants from it be held in a separate account. Wikimedia District of Columbia maintains a Paypal account to receive payments.

Program expenses:

A detailed description of programs, including direct programs and grants, is provided in the Annual Report for Fiscal Year 2013–14.