Meeting:2014 AGM/Treasurer's Report
Annual Financial Statements
The association had net assets of $80,132 at 30 June 2014.
The attached financial statements will be submitted to CAV as part of our annual statement.
Income
We received a total of $1,225 revenue for the year.
Membership dues
After tax, we received $636 in membership dues, over 66 transactions.
Previously, we provided both full and concession membership, at $20 and $10 p/y respectively. As we now have only one category of membership at $10, the revenue from membership dues is less than previous years.
Donations
$335 of our revenue for the year came from donations, from 11 individuals. One of these was a member of the association.
I'd like to thank these individuals for their support.
Other revenue
We recovered expenses from one member of $118.
Interest
$135 interest was received for the year.
Grants
No grants were received.
Expenditure
Our total operating expenses for the year were $4,940. This is a reduction of 91% compared to last year. This can mainly be attributed to the discontinuation of linkage grants, and a reduction in the number of members being sent to international events.
Some of the programmes which this went toward were:
- Wikimania 2014 London
- $2,228
- University of Sydney Symposium
- $673
- Volunteer Support Programme
- $410
- Wikimedia Conference Berlin 2014
- $338
The remainder consists of various Australian outreach events, as well as administrative overheads. As we are planning or supporting a number of upcoming events[1], our expenditure is likely to increase moving forward.