Washington Apple Pi Journal, July 1986

WAP BUDGET
by Ed Myerson
Pro fonna budget results for the fiscal year ended May 31, expenses, is attributable to lower than expected membership,
1986, based on the eleven months ended April 30, are reported group, and disketeria net revenues. The S28,826 is partially
below together with the budget proposed by the Board for this offset by a favorable variance in expenses of SI6,OO9.
year. The budget will be considered at the general member­ The Board and the Officers believe that the higher membership
meeting on June 28. ship and group sales proposed for the new year will be achiev­
The budgets for the two years reflect cash income ed, and have planned disketeria sales at a more modest level.
(depreciation is not included) and expense, and do not include Expenses are budgeted to remain about equal to last year's. Supurchase
of fixed assets such as computers, books, equipment, bject to achievement of the planned membership, group sales,
etc. About eighty-five percent of the disappointing short fall and other targets, a small surplus for the year is indicated.
of $28,826 in gross margin, the funds we have to pay our For the Board of Directors, Edward J. Myerson - Treasurer
WASHINGTON APPLE PI BUDGET EXEClJIlON YEAR END 5f31/86 and
PROPOSED BUDGET YEAR END 5f31/87
Ye 5f31/87
--------- YEAR ENDED 5f31/86 ----- PROPOSED
PROFORMA BUDGET VARIANCE BUDGET
REVENUES:
Membership Dues S114,016 SI23,9oo ($9,884) $148,663
Publications Sold 25,043 19,416 5,627 25,291
Group Sales 45,246 113,027 (67,781) 64,999
Disketcria Sales 58,862 72,000 (13.138) 53,000
Other 14,701 19,057 (4,356) 13,710
TOTAL REVENUES 257,868 347,400 (89,532) 305,663
COST OF SALES:
CS- Membership 94,220 98,624 4,404 121,557
CS- Publications Sold 11,131 5,980 (5.151) 8,201
CS- Group Sales 39,897 101,784 61.887 52,603
CS- Disketeria 26,114 26.078 (36) 11.555
CS- Other 3,158 2.760 (398) 2.360
TOTAL COST OF SALES 174,520 235,226 60,706 196,276
GROSS MARGIN 83,348 112,174 (28.826) 109.387
EXPENSES
Office Expenses
Office Salaries- Managerial 32,799 36.182 3.383 37,440
Office Salaries- Staff 14,981 17,606 2.625 15.145
Salary related laX & Expense 3,949 4,757 808 5,784
Sub-total Salary 51,729 58.545 6,816 58.369
Rent 14,018 14,400 382 16,600
Telephone- Office 3,709 3,060 (649) 2,720
Postage- Office 5,338 9,842 4,504 8,450
Office Supplies 2,722 3,830 1,108 3,830
Equipment Rental- Office 3,073 2,643 (429) 2,614
Sub-total Other Office Expense 28,860 33,775 4,916 34,214
Sub-total Office Expense 80,589 92,320 11,732 92,583
Meeting Expense
Guards- General Meeting 1,244 2,145 901 2,100
Signer- General Meeting 74 300 226 100
Space Rental- General Meeting 1,378 2,500 1,122 0
Other Meeting Expense 3,097 100 (2,997) 500
Sub-total Meeting Expense 5,793 5,045 (748) 2,700
SIG Expense
SIG Mac 4,911 3,950 (961) NA
Other Sig Expense 827 909 82 500
Sub-total SIG Expense 5,738 4,859 (879) 500
Other Expenses
Accounting & Legal 5,585 9,300 3,715 6,300
Repairs & Maintenance- Computer 638 500 (138) 750
Repairs & Maintenance- Other 0 350 350 350
Insurance 1,054 2,500 1.446 1,000
Taxes & Liscences ex payroll 622 1,602 980 760
Show Expense 968 750 (218) 1,000
Sales and Other Promotion 537 1,000 463 1,000
Miscellaneous Expense 994 300 (694) 500
Sub-total Other Expenses 10,398 16,302 5,904 11,660
TarAL CASH EXPENSES 102,518 118,526 16,009 107,443
CASH SURPLUS/DEACIENCY (19,170) (6,352) (12,818) 1,944
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July 1986 Washington Apple Pi