Meeting:2014 AGM/Treasurer's Report

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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.