Squeaking By + Ponying Up

The growth from 2014-2015 is unprecedented. Our income will have jumped about $158,500 (expense $191,000) in just one year. This represents a tremendous amount of pressure on the organization, largely on staff as we have juggled our existing programs with the new push for the warehouse.

have paid $10,000 towards our bill with Tueller, and have a check ready for the balance of our ArtSpace study, working with them now on edits to the final deliverables.

Due to unforeseen circumstances, we are now down to a very small year-end deficit--under 5,000 CASH...anticipating a $15,000 deficit if we don't raise that money this week.

The town had $36,000 remaining in our wayfinding budget, and asked us to bill for the whole thing. This means we have $10,000 over our spent amount, and Greg has said to use some for admin and earmark the rest for fabrication in 2016. 

PHEW

ALSO, our year-end wages came in slightly under budget, so we have $4000 remaining in that line item. Thanks to all this good fortune, we were able to give year-end bonuses, which were very well deserved.

FYI

We all bank hours during the busy times and take longer vacations during the slow season, and both Molly and Britt have done so. After Art + Architecture I gave Britt a small wellness allowance. Also, I have added Molly to the insurance for next year and added small raises for each of them, as I do regularly for my staff if their performance warrants it--which theirs surely do!

I hope we can really activate our board in 2016 to have a bigger role in the financial responsibilities of the organization and share the burden a bit better.