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