Operating Budget

2019 Total Year Operating Budget

Amounts in 000’s Total Year – Budget
Revenue
Pledge  $                     1,162
Non Pledge  $                         145
Holiday Giving  $                           45
    Total Revenue  $                     1,352
Expenses
Prof Staff & Programs  $                         674
Apportionments  $                           99
Office Staff & Support Costs  $                         418
Facility Expenses  $                         216
Capital Improvement Trust  $                           20
Miscellaneous  $                             4
    Total Expenses  $                     1,431
Operating Income/(Loss)  $                        (79)
Endowment Grants  $                           20
Designated Gifts  $                           27
Net Income/(Loss)  $                        (32)
Comments:
Revenue budgeted at  $1.352 million for the year with Expenses totaling $1.421 million yielding an Operating Net Loss of $79 k. This will be reduced by impact of Endowment Grants ($20 k) and Designated Gifts ($27 k). Remaining Net Loss will be funded through Cash Reserves.