Draft Annual Financial Report for Fiscal Year 2021–22

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Status: Draft

This report describes the financial activities of Wikimedia District of Columbia during Fiscal Year 2021–22, covering the period from October 1, 2021 through September 30, 2022.

Income Statement

Revenue
	Unrestricted revenue
		Individual donations		$40,000.00	Significant individual donations in excess of $1,000 per donor per year
		Member dues and donations		$1,365.00	Membership dues and associated donations not exceeding $1,000 per member per year
		Non-government contracts		$8,141.92	Contracts from Hacks/Hackers
	Total unrestricted revenue			$49,556.92
	Restricted revenue
	Total revenue			$50,941.92
Expenses
	Program costs
		Institutional partnership
			Staff	$74,257.16	Wages and payroll taxes for one full-time employee
			Travel	$793.98
			Total institutional partnership costs	$75,051.14
		Leadership development and support
			Sponsored projects	$28,038.58	Expenditures associated with WikiConference North America
			Item
			Total leadership development and support costs	$28,547.54
		Total program costs		$103,598.68
	Administrative costs
		Finance
			Accounting software	$1,028.20	QuickBooks Online subscription
			Payroll service	$702.58	Gusto payroll service
			Transaction fees	$423.83	PayPal and Wells Fargo fees
			Total finance costs	$2,154.61
		Legal
			Filing fees	$771.00
			Item
			Total legal costs	$905.00
		Mailing
			Mail service	$600.00	Includes Cove meeting space
			PO box	$216.00
			Postage	$194.69
			Total mailing costs	$1,010.69
		Technology		$876.63
		Total administrative costs		$4,946.93
	Total expenses			$108,545.61
Net operating income
	Net operating income			$-57,603.69

Statement of Accumulated Surplus

	Beginning accumulated surplus	$63,392.49
	Net operating income	$-57,603.69
	Total net accumulated surplus	$5,788.80

Balance Sheet

Assets
	Current assets
		Total bank accounts	$5,788.80
		Total assets	$5,788.80
	Liabilities and net assets
	Net assets
		Net accumulated surplus	$5,788.80
	Total liabilities and net assets		$5,788.80