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2007 WCOCA Treasurers Report
April 2007 to March 2008

The 2007 Season went about as usual. The major changes were that with new booth person, we were able to re-structure pay so as to extend the hours booth was open. We were also able to insuate booth and make some needed repairs.

In a nutshell, WCOCA budget is:

• Membership dues pay for booth and web. (but is always short of what's needed)
• Open House makes up for short fall on Sidewalk Sales.
• Travel Guide pays for itself, usually generating a small profit.
• Profit from Travel Guide, if any, is used for 'extras' (promo, concerts, booth repairs).

Profit & Loss
Income
Write off
-505
Discounts Misc
-35
Uncategorized Income
980
Membership Dues
27,905
Income from Events
Sponsorship to WCOCA
1,913
Miscellanious
2,160
Income from Even...
9,845
Total Income from...
13,918
Advertising Income
OnLine (Web)
215
Travel Guide
44,253
Total Advertising...
44,468
Total Income
86,731
Expense
Publicity Activities
Web
2,750
Signs/Flyers/Etc.
285
Media
9,517
Events Other
4,613
Event SideWSale/...
2,597
Donations
299
Coodination fees
6,950
Total Publicity Actiities
27,011
Miscellaneous
Taxes & Fees
10
Refunds
195
Professional Fees
1,345
Office Supplies
768
MiscExpense
157
Depreciation
3,500
Credit Card fees
542
Miscellaneous - ...
75
Total Miscellaneous
6,592
Travel Guide
Printing
13,813
Miscellaneous
2,622
Distribution
5,621
Commissions
14,398
Travel Guide - O...
140
Total Travel Guide
36,594
Booth Operating Exp.
Visitor supplies
1,259
Payroll
Workers Comp/Dis
375
Tax, payroll
2,612
NetPayChecks
8,797
Total Payroll
11,784
Facility
Telephone
2,470
Miscellaneous
953
Insurance
692
Electric
502
Computer Supplies
80
Facility - Other
425
Total Facility
5,123
Total Booth Opera...
18,166
Total Expense
88,363
Net Income
-1,632

Breakdown of major activities shown above:

Travel Guide

Income
Advertising Income
Travel Guide
40,336
Total Advertising
40,336
Total Income
40,336
Expense
Credit Card fees
117
Total Miscellan...
117
Printing
13,813
Miscellaneous
1,729
Distribution
4,600
Commissions
10,198
Total Travel Guide
30,340
Total Expense
30,456
Net Income
9,880

Sidewalk Sale

Income
Income from Events
3,065
Total Income
3,065
Expense
Publicity Activities
Media
4,286
Event SideWSale
300
Total Publicity
4,586
Total Expense
4,586
Net Income
-1,521
Open House and SideWalk Sale,
when combined,
yielded a profit of $138.

Open House

Income
Income from Events
Sponsorship to WCOCA
1,610
Income from Events
6,770
Total Income
8,380
Expense
Publicity Activities
Signs/Flyers/Etc.
150
Media
2,711
Event SideWSale/...
1,560
Coodination fees
2,300
Total Publicity A...
6,721
Total Expense
6,721
Net Income
1,659

Balance Sheet

ASSETS
Current Assets
Checking/Savings
Trade
6,747
Pay Pal
1,641
BankNorth-Savings
7,637
BankNorth-Checking
15,429
Total Checking/Savings
31,453
Accounts Receivable
Accounts Receivable
520
Total Accounts Receivable
520
Other Current Assets
Undeposited Funds
1,365
Total Other Current Assets
1,365
Total Current Assets
33,338
Fixed Assets
Computers
Cost C
2,337
Accum. Deprecation C
-2,467
Computers - Other
1,001
Total Computers
871
Booth
Cost B
2,227
Accum. Deprecation B
-483
Total Booth
1,744
Total Fixed Assets
2,615
TOTAL ASSETS
35,953
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Credit Cards
Creditline #0400008424
-474
Total Credit Cards
-474
Total Current Liabilities
-474
Total Liabilities
-474
Equity
Retained Earnings
34,975
Opening Bal Equity
2,518
Net Income
-1,621
Total Equity
35,872
TOTAL LIABILITIES & EQUITY
35,398

Studio Tour is self contained and not combined with other WCOCA accounting above.

Studio Tour

Entry fee
1,010.00
Grant Income
1,800.00
Ticket sales
217.00
Total Income
3,027.00
Expense
Miscellanious
470.54
Publicity
2,032.00
Total Expense
2,502.54
Net Income
524.46

Outdoor Art

(Included In Studio Tour numbers)

Outdoor art income
242
Expense
Advertising
439
Permanant banner
251
Sponsors had primarily provided money for Studio Tour. They were willing to let us use a little of the money for Outdoor Art if we used the event to promote Studio Tour.