Difference between revisions of "Current Budget (and prior budget archive)"

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(Income)
(Expense)
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Income derives from three primary sources:
 
Income derives from three primary sources:
  
* Menbership dues (Cornerstone, Full Member, Full Member Area Warden, Student Member, Student Member Area Warden, and Family Member)
+
*Menbership dues (Cornerstone, Full Member, Full Member Area Warden, Student Member, Student Member Area Warden, and Family Member)
* Donations (direct to the Hive, and donations from conducting community outreach activities such as "Learn2Solder"
+
*Donations (direct to the Hive, and donations from conducting community outreach activities such as "Learn2Solder"
* Class Income (nominal Member and Guest tuition fees from Hive run classes)
+
*Class Income (nominal Member and Guest tuition fees from Hive run classes)
* Other Sources (such as Soda credits)
+
*Other Sources (such as Soda credits)
  
 
===Expense===
 
===Expense===
<br />
+
Expenses are subdivided into two groups; fixed expenses and variable expenses
 +
 
 +
* Fixed expenses include rent (gas, electric, and water utilities are included in the rent), insurance, and internet charges.
 +
* Variable expenses include member voted purchases and area warden budgeted expenses<br />

Revision as of 14:59, 27 December 2019

Hive13's business accounting year matches the calendar year; January 1 to December 31. Hive13's annual meeting (when we elect officers) occurs mid-summer. Leadership works to publish a 12-month budget semi-annually. The first budget is published at the end of December for the upcoming period January 1 to December 31. Six months later, at the end of June, the second budget is published for the upcoming period, July 1 to June 30.

Income

Income derives from three primary sources:

  • Menbership dues (Cornerstone, Full Member, Full Member Area Warden, Student Member, Student Member Area Warden, and Family Member)
  • Donations (direct to the Hive, and donations from conducting community outreach activities such as "Learn2Solder"
  • Class Income (nominal Member and Guest tuition fees from Hive run classes)
  • Other Sources (such as Soda credits)

Expense

Expenses are subdivided into two groups; fixed expenses and variable expenses

  • Fixed expenses include rent (gas, electric, and water utilities are included in the rent), insurance, and internet charges.
  • Variable expenses include member voted purchases and area warden budgeted expenses