2008 – 2009 Financials

 

                                    2008 Actuals and 2009 Budget

 


Actuals

Projected

REVENUE


2008

2009


Pledged Monthly Contributions

$32,681

$60,000


Donations

$77,769

$25,000


Fundraising

$9,175

$10,000


Grants

$10,000

$10,000

 

TOTALS

$129,625

$105,000

 

 

Teaching/Classes


 

 


Weekly Classes Contributions

$38,859

$52,000


Monthly Daylong Programs

$7,904

$14,000


Series Classes

$2,382

$14,000


Yearlong Programs

$31,768

$5,000


Training Programs

$20,120

$20,000

 

TOTALS

$101,033

$105,000

 

 

   
Other

Book and Meditation Supply Sales

$9,388

$10,000


Miscellanous Space Rentals

$2,829

$14,000

TOTALS

 

$12,217

$24,000

 

 

 

GRAND TOTAL REVENUES

$242,875

$234,000


 

 

 

Administrative


 

 


Compensation

$63,821

$130,000


Office Supplies

$1,573

$2,500


Professional Fees

$1,155

$1,000


Website

$4,899

$1,000


Misc Charges (CC Fees, Banking, Etc.)

$3,293

$4,000

 

TOTALS

$74,741

$138,500

 

 

Occupancy

 

 

 


Lease and Utilities

$35,135

$117,200


Insurance

$2,021

$2,200


Facilities/Maintenance

$2,853

$3,000

 

TOTALS

$40,009

$122,400



 

 

Programs


 

 


Advertising & Promotion

$1,953

$3,000


Honoraria

$10,289

$5,000


Rentals

$6,095

$1,500


Miscellaneous

$3,555

$3,000

 

TOTALS

$21,892

$12,500



 

 

Other


 

 


Taxes

$1,470

$1,500


Books and Meditation Supplies

$12,402

$15,000


Compassion Disbursement

$6,745

$3,000

 

TOTALS

$20,617

$19,500



 

 

GRAND TOTAL EXPENSES

$157,259

$292,900

NET INCOME

 

$85,616

($58,900)


 

 

                                       What this Means

 

In 2008 we had

·        
A few
people who donated large amounts of money

·        
Several
monthly contributors

·        
No
salaries most of the year

·        
A
generous move-in arrangement with our landlord

·        
A
gradual gearing up of programs

 

In 2009 we have

·        
Two
full-time employees

·        
Two
facility leases

·        
Several
monthly contributors

·        
A full
slate of programs and classes

·        
A
projected monthly deficit

 

 

What we
need

 

·        
As many
people as possible to become monthly supporters at any level.

·        
As many
people as possible willing to make a commitment to help us keep the physical
presence of the community alive and well.

 

What we
always have

 

·        
A
commitment to making the teachings of the Buddha available to all who are
interested regardless of ability to pay.

·        
A
community of those committed to traveling this path with or without a physical
center.

 

against greed, against hatred, against delusion, against the
stream