Annual Budget for Fiscal Year 2023–24
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 | $25,701 | Revenue from recent contracts, memberships, and donations | ||
| Restricted cash | $82,342 | 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 | $10,000 | |||
| Restricted cash | $21,093 | |||
| Total cash at end of fiscal year | $31,093 | |||
| Revenue | ||||
| Unrestricted revenue | $16,500 | A detailed list of unrestricted revenues is provided below. | ||
| Restricted revenue | $10,000 | A detailed list of restricted revenues is provided below. | ||
| Total revenue | $26,500 | |||
| Expenses | ||||
| Program expenses | $95,000 | A detailed list of program expenses is provided below. | ||
| Administrative expenses | $8,450 | A detailed list of administrative expenses is provided below. | ||
| Total expenses | $103,450 | |||
Revenue
| Restricted revenue | |||
|---|---|---|---|
| Grants | $10,000 | Anticipated Movement Strategy Implementation Grant | |
| Total restricted revenue | $10,000 | ||
| Unrestricted revenue | |||
| Member dues and donations | $1,000 | Membership dues and associated donations not exceeding $2,500 per member per year | |
| Contracts | $15,500 | From Hacks/Hackers for NSF-sponsored project, the ARTT Guide grant now underway | |
| Total unrestricted revenue | $16,500 | ||
| Total revenue | $26,500 | ||
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 | ||
| Programs | ||||
| Wikimedia partnerships | $3,000 | Costs for staff travel and for North American WikiConference/Hub partnership activities | ||
| Wiki Science Competition | $2,000 | Prizes | ||
| Strategic Planning | $15,000 | |||
| Total program costs | $95,000 | |||
| Administrative costs | ||||
| Finance | ||||
| Accounting | $4,400 | QuickBooks Online subscription and accountant | ||
| Payroll service | $950 | Gusto payroll service | ||
| Transaction fees | $150 | PayPal and bank wire fees | ||
| Total finance costs | $5,500 | |||
| Legal costs | $200 | Tax filings and business registrations | ||
| 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 | $8,450 | |||
Notes
The start-of-fiscal-year bank balances reflect large 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 how North American WMF affiliates might work together; and (3) an ongoing contract with Hacks/Hackers to work on the ARTT Guide research project.
The annual grant is documented here, and the Movement Strategy Implementation grant here and here. The ARTT Guide project is described here. It is funded largely by a National Science Foundation grant.
Restricted funds are tied to a grant that restricts our expenditures. Unrestricted funds are generally donations, memberships, and contracts.