
Financial Statement
The financial statement reflects income from 2013 fundraising efforts.
The society created a cookbook, sold flag pins, held a quilt raffle, and had other miscellaneous income from our vintage baseball game. Donations and membership were our other main income areas.
In the category of expenses, our administrative, advertising and meal and entertainment primarily reflect costs of printing and mailing our newsletter, the sesquicentennial activities, flag framing, payment to the baseball teams, musicians, and other associated costs.
We were fortunate in having donations to cover the majority of these costs as well as a grant. Some expenses were directly paid by members.
It has been our goal to generate enough income to cover costs without being in a negative cash flow situation. This year we spent $2,878.87 more than we took in. While there is money in CDs running negative numbers, it will not sustain us in the long run.
2013 Review
It was felt that the Historical Society needed to support the community efforts in our state’s sesquicentennial celebration. Being that this was our second year under reorganization it was a substantial effort.
We continue to move forward in our preservation efforts, bringing historically relevant activities to the community, and seeking to reach financial sustainability without sacrificing our primary purpose.
Plans
In the coming year we have great plans that will be rewarding but time consuming. Keep abreast of developments in the newsletter, our website and Facebook page. We now have a webmaster who will be keeping the site up to date.
As always we appreciate all the support we have received and look forward to working with anyone willing to volunteer.
The financial statement reflects income from 2013 fundraising efforts.
The society created a cookbook, sold flag pins, held a quilt raffle, and had other miscellaneous income from our vintage baseball game. Donations and membership were our other main income areas.
In the category of expenses, our administrative, advertising and meal and entertainment primarily reflect costs of printing and mailing our newsletter, the sesquicentennial activities, flag framing, payment to the baseball teams, musicians, and other associated costs.
We were fortunate in having donations to cover the majority of these costs as well as a grant. Some expenses were directly paid by members.
It has been our goal to generate enough income to cover costs without being in a negative cash flow situation. This year we spent $2,878.87 more than we took in. While there is money in CDs running negative numbers, it will not sustain us in the long run.
2013 Review
It was felt that the Historical Society needed to support the community efforts in our state’s sesquicentennial celebration. Being that this was our second year under reorganization it was a substantial effort.
We continue to move forward in our preservation efforts, bringing historically relevant activities to the community, and seeking to reach financial sustainability without sacrificing our primary purpose.
Plans
In the coming year we have great plans that will be rewarding but time consuming. Keep abreast of developments in the newsletter, our website and Facebook page. We now have a webmaster who will be keeping the site up to date.
As always we appreciate all the support we have received and look forward to working with anyone willing to volunteer.
Banking Summary 2013
Click on "Download File" below to review the 2013 Banking Summary

banking_summary_2013.docx |