Draft Annual Budget for Fiscal Year 2024–25
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This budget lists Wikimedia DC's planned revenues and expenses for its fiscal year, which began on October 1, 2024 and will end on September 30, 2025. Figures are estimates.
Summary
| Cash flow | ||||
|---|---|---|---|---|
| Cash at start of fiscal year | ||||
| Unrestricted cash | $48,000 | Estimated. Revenue came from contracts, memberships, and donations | ||
| Restricted cash | $212,156 | Estimated. Includes unspent funds from prior-year grants and grant funds administered under fiscal sponsorship agreements, notably WikiConference North America. | ||
| Total cash at start of fiscal year | $260,156 | Bank balance at end of Sept 30, 2024; does not include 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 | $10,500 | A list of unrestricted revenue sources is provided below. | ||
| Restricted revenue | $116,540 | A list of restricted revenue sources is provided below. | ||
| Total revenue | $127,040 | |||
| Expenses | ||||
| Program expenses | $195,000 | A detailed list of program expenses is provided below. | ||
| Administrative expenses | $8,450 | A detailed list of administrative expenses is provided below. | ||
| Total expenses | $203,450 | |||
Revenue
| Restricted revenue | |||
|---|---|---|---|
| Grants | $116,540 | Anticipated annual chapter grant from WMF | |
| Total restricted revenue | $116,540 | ||
| Unrestricted revenue | |||
| Member dues and donations | $1,000 | Membership dues and associated donations not exceeding $2,500 per member per year | |
| Contracts | $9,500 | Smithsonian American Woman's History Museum | |
| Total unrestricted revenue | $10,500 | ||
| Total revenue | $127,040 | ||
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 | $5,000 | Costs for staff travel and for North American WikiConference and Hub partnership activities | ||
| WikiConference North America 2024 | $90,000 | Fiscal sponsorship for annual conference held in October 2024 in Indianapolis | ||
| Wiki Science Competition | $2,000 | Prizes for new scientific photographs uploaded to Wikimedia Commons | ||
| GLAM Camp | $70,000 | Training for gallery, library, archive, and museum professionals on Wikimedia. Funded by Newmark Foundation grant | ||
| Strategic Planning | $25,000 | |||
| 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
Not updated from previous year yet.