December 2012 Newsletter - Prairie Bowmen Archery Club

F i n a n c i a l u p d a t e
Below is the current Budget that our budget committee put together for 2013.
Proposed FY2013 Budget
Expenses
Income
Rent ($761 x 6; $800 x 6) $ 9,366.00
Mortgage ($309 x 12) $ 3,708.00
Taxes $ 5,279.00
Newsletter (w/postage) $250/mo $ 3,000.00
Electric ($80/mo) $ 960.00
Insurance $ 2,000.00
Memberships (NBA, NFAA, Sportsman’s Council) $ 250.00
Phone $ 50.00
Website $ 150.00
Range Maintenance (indoor/outdoor) $ 3,000.00
Fireworks Stand $ 300.00 $ 1,200.00
3-D Upkeep $ 1,800.00
Target (paper) $ 100.00
State Games $ 500.00 $ 2,000.00
Youth Programs (bows, etc.) $ 500.00
Awards (engraving) $ 500.00
Office Supplies (ink cartridge, paper, etc.) $ 100.00
Misc.
Dues - Family (92) $ 11,040.00
Dues - Single (102) $ 9,792.00
Dues - College - Single (12) $ 900.00
Dues - College - Family (1) $ 75.00
Lockers $ 1,300.00
3-D Tourney $ 2,500.00
Target Tourney $ 2,500.00
3-D League (indoor) $ 1,200.00
Target League (indoor) $ 500.00
Donations
$ 31,563.00 $ 33,007.00
As you look at the budget
you will notice expected
expenses of around
$31,500 and income of
around $33,000. This is a
conservative budget, which
is what we must have. Last
year our expenses were
around $41,000 and our
income of around $35,000.
With a $6,000 shortfall
from last year you can see
why we needed to have the
“shooting for the future”
assessment. Only about
half of our members have
paid the assessment so far.
There has been a fair
amount of feedback wondering
why we needed to
have the assessment, and
some who have left the
club because they believe
we are wasting money.
We certainly spent about
$6,000 for new target material,
3-D targets, and
Saunders matts, banking on
income that we normally
receive. When we didn’t
make the expected income
from the fireworks stand,
the Nebraska Challenge,
our leagues and Cornhusker
State Games we had a shortfall. We can’t change the decisions we made last year but we can learn from them and try to do
better in the future.
As a club, our first obligation is to provide a place for our membership to shoot their bows. The desire of the club has always been
to have an indoor and outdoor facility with 24 hour access if possible. For at least the last 20 years we have had that. Today that
comes at a very high cost which dues alone cannot cover. When you look hard at the budget you can readily see that our ranges,
rent, mortgage, insurance, taxes, utilities and maintenance on those ranges cost your club around $24,313 per year. Our dues
income is around $21,807, for a difference of about $2,500; therefore dues alone do not cover the costs of our ranges. Those who
are members of our club only so they have a place to shoot, need the support of the club members who participate in the other opportunities
the club provides so that we can keep club dues lower for all. Sometimes I feel that many club members think our club
spends too much on tournaments, etc. and that causes the dues to be higher, when exactly the opposite is true. We have leagues,