This was the main project for our Budget and Finance class. This is the companion presentation to the huge document we compiled which includes spreadsheets and the like. We invented an organization and pulled info from an existing org to launch from

1. Arts For A Better
Community
Providing essential opportunities through
the arts for children and families of Ward 8
to increase cultural awareness while
building a healthy, sustainable community.
Carollei McMillin CEO
FY 2013 Budget Presentation
Janet McGraw DE
Joyce Wang CFO

2. Dance • Drama• Music • Visual Arts •Functional Arts • Artisans • Crafts

3. + Goals &
Assumptions
Assumptions
2% cost of living increase
3% increase in inflation
3% increase in earned and contributed income
Main Organizational Goals:
Artistic Development Goals:
Develop new and maintain current
partnerships with artists and other
organizations in the community
Arts Education Goal:
Initiate the artisan-­‐‑focused track
within the SEAL program to parallel
the fine arts series

4. + 2013 Projected Income
Individual donations are the bulk of our income.
The generosity of the community members, the
board, and our partners within the community is
essential for the continued growth of ABC.

5. + 2013 Projected Expenses
Capital Budget
Support Services
1%
6%
Fundraising
11%
Programs
82%
The majority of our expenses are aXributed to
our amazing programs. Partnerships within the
community along with board involvement help
keep ABC’s mission focused and on target.

6. + Development Plan

7. + Development Plan
One donor at this
1 $50K-99,999 level will cover the
cost of 27 students
2 $25K-49,999
5 $15,000-24,999
One donor at this
level will cover the
10 $10,000-14,999 cost of 5 students.
22 $5,000-9,999
60 $1,000-4,999
Direct Mail Campaign
Between three and
five donors at this
400 $1-999 level cover the cost
of one student
Total cost of each
student: $2,652 Donor Pyramid

8. Amount
Expected
Foundation Support
Amount
Requested
Foundation Amount Requested Amount Expected
DEF $414,403
Donald de Laski & Nancy
$100,000 $90,000
L. de Laski Foundation
The Morris & Gwendolyn
$65,000 $45,000
Cafritz Foundation
Capital Fund for Children $50,000 $40,000
+
Meyer Foundation $50,000 $40,000
The Jacob & Charlotte
$50,000 $30,000
Lehrman Foundation

9. Corporate Support Total: $100,603
Capital One Bank
• $35,603
NBC Universal
• $23,000
*Ford Motor Company
• $20,000
*YAMAHA
• $12,000
Salamander Hospitality
*Ford Motor Company and YAMAHA are two new
+
corporations we will approach in FY13. We have already
contacted them, and have received positive responses.
• $10,000

10. Amount
Expected
Government Support
Amount
Requested
Gov’t Agency Amount Requested Amount Expected
NEA $150,000 $93,000
DC Commission on the Art
$75,000 $58,000
& Humanities
Virginia State Grants $35,000 $21,000
+
Maryland State Grants $20,000 $13,700
Total $185,700

11. +Anniversary Gala
2013 will be ABC’s 15th anniversary, so
we plan to have a gala to celebrate this
historical moment. The gala will show
our board members, donors, and
students’ parents how ABC achieves its
mission, and what our students learn.

12. Gala Expenses
Marketing/Printed Material $2,500 ++Anniversary Gala
Chairs & Table Rentals $2,000
Wine & Alcohol $1,500
Lighting $800
Small Equipment $600
Other $600
Total $8,000
Gala Income Cost Expected Total
Sales
Gala Ticket $50 300 $15,000
Show Tickets $20 150 $3,000
Art Sales $1,400
Donations $4,800
$24,200

13. +
Capital Budget
Hardware
Computers (15) $10,000
Server (1) $2,450
Software Raiser’s Edge
QuickBooks Pro Software Total
Microsoft Office Upgrade $7,950
Adobe Creative Suite
Installation $5,600
Total $26,000

14. +Questions?