2022 Financial Budget

            Burlington Writers Workshop 2022 Plan* for Balanced Budget

Income                                             

Misc. Income and External Donations        60

Regular Membership Donations             3800

Sustaining Membership Donations         4600

Total Donations                                               8460

Grant Income                                                      500

Interest Income                                                   170

Cold Lake Publishing Income                            1000

Master Class Income                                         1200

Mud Season Review Income:

   MSR Manuscript Reviews                  3000

   MSR Feedback Requests                    1000

   MSR Tip Jar Donations                      1200

Total MSR Income                                          5200

Total Gross Income                                              16,530

Expenses

Available for Member Services                          1776

Bookkeeping                                                       900

Fundraising                                                        500

Insurance                                                            535

Internet and Utilities                                            150

Licenses and Fees                                                 50

Marketing / MeetUp Fees                                      25

Cold Lake Publishing Expense                              600

Master Class Expense                                        1000    

Mud Season Review Expenses:

   Author / Artist Payments                     1560

   MSR Communications / MailerLite       294

   Manuscript Reviewer Fees                    600

   Submittable Annual Fee                      2300

   Submittable Service Fees                      900

Total MSR Expenses                                        5654

Office Supplies / Quickbooks                               100

PayPal Donor Fees                                              300

Rent                                                                       0

Restricted Reserve for Future Rent                     3600

Total Expenses                                                      16,530

NET OPERATING INCOME: ($0.) *This is a break-even (balanced) budget plan. It is a tool to work from: Income amounts should be seen as goals. If income is lower than budgeted, we will operate at a deficit (higher expenses than income) unless expense items are lower than budgeted by an equal amount.

            In 2017 our actual total donations were $13,182.57. In 2018 $11,224.77. In 2019 $7765.46. In 2020 $8652. and after fundraising expenses about $8006.40. In 2021 $6858.59.

            We are putting $300./month in rent reserve for the possibility of a future Studio.

            A variety of unpredictable factors, such as covid, Leadership Team (LT) decisions, amount of Member donations, number of MSR Manuscript Reviews done, grants received, and number of Master Class tickets sold, are likely to result in outcomes that vary from the Budget.