Dear Friends,
The Austin Newcomers and Friends Board just approved the 2026-27 budget. Please note a few things about this year’s budget. Annual dues have been left at $50. The two largest expenditures reflect a commitment to increase membership by focusing on the value of being a member and investing in publicity to reach potential members who may not know about our Club. We are allocating almost 50% of dues revenue to offering more member events. We are allocating much more for publicity than in prior years. We are in the planning stages for a Wikipedia entry to make us easier to find in internet searches. Our reserves and overall healthy financial position allow making these investments in our future by incurring a small loss in 2026-27. I am personally enthused that we can leverage our financial position to revitalize our Club.
Please reach out if you have comments or questions about any aspect of the 2026-27 budget. I truly welcome your feedback.
Best,
Ann, ANC President
|
Austin Newcomers and Friends Club 2027 Budget |
||||||
| Income | 2026-27 Budget | |||||
| Membership dues | $ 13,000 | |||||
| Interest earned | 1,000 | |||||
| Total income | $ 14,000 | |||||
| Expenses | ||||||
| Member events | $ 6,000 | |||||
| Publicity | 2,400 | |||||
| Interest Group Leaders event | 1,782 | |||||
| Office/Gen Admin/Insurance | 1,430 | |||||
| Membershipworks | 1,038 | |||||
| Stripe fee | 752 | |||||
| Board turnover | 600 | |||||
| President contingency | 500 | |||||
| Technical & website consulting | 500 | |||||
| Wikipedia Entry | 500 | |||||
| Quickbooks | 454 | |||||
| Annual Audit | 180 | |||||
| MailChimp | 173 | |||||
| GoDaddy | 64 | |||||
| Total expenses | $ 16,373 | |||||
| Net income | $ (2,373) | |||||