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.

Wikimedia DC's Board of Directors approved the above draft budget at its meeting on 28 November 2023. The budget will be considered for approval by the membership as part of the Board election. We expect to have a result from that vote around 14 December 2023.