Meeting: 2020 AGM/Treasurer's Report< Meeting:2020 AGM
The attached financial statements will be submitted to Consumer Affairs Victoria and Australian Charities and Not-for-profits Commission as part of our annual information statement.
The association held assets of $99,554.72 at 30 June 2020, on a cash basis.
- Current balance
As of 12 September 2020, there is $90,126.39 in the Westpac account, $450.00 in our debit card account and $405.10 in the PayPal account.
WMAU received a total of $81,139.35 revenue for the 2019-20 financial year.
$490.65 in membership dues was received.
$3114.54 of donations was received during 2019-20.
$76,272.89 was received in two grants from the Wikimedia Foundation, one for our 2019-20 Simple APG plan of $37,125 and the other for our 2020-21 plan of $39,147.89
Ongoing operational expenses
Xero & Accounting
Xero continues to be our method of accounting and costs us $50 per month. This year, we also engaged an external resource to assist us in reviewing our accounting practices and providing suggestions and assistance on improvements, and this was at a cost of $800.
Our website hosting is currently provided by Linode at a cost of US$20 per month.
Public Liability Insurance
$952.88 through AON.
$201.00 at Australia Post in Bennettswood
No bank fees
PayPal fees for 2019-20 financial year was $116.76
This year, we recategorised some of our expenses, based on recommendations we received from our consulting accountant, which is more in line with our Simple APG. The breakdown is below.
- Community Engagement: $741.01
- F2F Committee Meeting: $3,378.36
- GLAM Outreach: $9,160.53
- Volunteer Support Program: $1,252.73
- Wiki Loves Earth: $106.23
- Wiki Loves Monuments: $616.64
- Wiki Loves Science: $148.96
- WikiCite: $1,485.09
- WikiClub Q: $112.63
- WikiClubWest: $370.45
- WikiClubs ACT/NSW: $100.37
- WikiClubs NT/SA: $100.37
- WikiClubs TAS/VIC: $100.37
- Wikimania: $3,448.89
- Other operating expenses, which are detailed above: $2,874.92