Annual Financial Report for Fiscal Year 2018–19

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This report describes the financial activities of Wikimedia District of Columbia during Fiscal Year 2018–19, covering the period from October 1, 2018 through September 30, 2019.

Income Statement

Revenue
Restricted revenue
Restricted event sponsorships $2,500.00
Other restricted contributions $4,741.59
Total restricted revenue $7,241.59
Unrestricted revenue
Individual donations $75,000.00 Significant individual donations in excess of $1,000 per donor per year.
Member dues and donations $2,190.00 Membership dues and associated donations not exceeding $1,000 per member per year.
Affiliate programs $335.71 AmazonSmile and Nonprofits on Facebook.
Total unrestricted revenue $77,525.71
Total revenue $84,767.30  
Expenses
Program costs
Institutional partnership
Staff $84,636.81 Wages and payroll taxes for one full-time employee and two contractors.
Events $9,123.87 Food, beverage, and incidental costs.
Travel $816.08
Total institutional partnership costs $94,576.76
Leadership development and support
Sponsored projects $39,447.40 Expenditures associated with WikiConference North America 2018.
Total leadership development and support costs $39,447.40
Total program costs $134,024.16  
Administrative costs
Finance
Accounting software $750.00 QuickBooks Online subscription.
Payroll service $519.90 Gusto payroll service.
Transaction fees $69.86 PayPal fees.
Total finance costs $1,339.76
Insurance $126.14
Legal
Filing fees $514.99
Total legal costs $514.99
Mailing
Mail service $720.00 Mail delivery service at Cove.
PO box $140.00
Postage $47.41
Total mailing costs $907.41
Meetings
Annual meeting $771.46
Board meetings $225.00
Total meeting costs $996.46
Technology $712.28
Total administrative costs $4,597.04  
Total expenses $138,621.20  
Net surplus
Net operating surplus ($53,853.90)  

Statement of Accumulated Surplus

Beginning accumulated surplus $131,762.00  
Net surplus ($53,853.90)  
Total net accumulated surplus $77,908.10  

Balance Sheet

Assets
Current assets
Unrestricted cash $31,400.52
Restricted cash $71,323.66
Total assets $104,670.19  
Liabilities and net assets
Liabilities
Accounts payable $26,762.09  
Net assets
Net accumulated surplus $77,908.10  
Total liabilities and net assets $104,670.19