From: Amy Wooldridge
To: CityCouncil-List
Subject: Alameda Museum draft 2024 budget
Date: Tuesday, January 16, 2024 5:27:16 PM
Attachments: AM and Meyers House DRAFT Budget 2023 - 2024 Draft Working Budget Info.pdf Hello Mayor and City Council,
Following up on a Councilmember request, attached is the draft FY 2024 Alameda Museum budget.
This is additional information to the Alameda Museum Form 990s that City Manager Ott shared with you earlier today.
Thank you,
Amy
Amy Wooldridge, she/her
Assistant City Manager
[email protected]
(510) 747-4709
2024 Draft Working Budget Info
1/16/2024
Combined BudgetDRAFT 2024 Note
Combined BudgetJan 2024 1st Qtr2nd Qtr3rd Qtr4th QtrYear Total Income
Archival Services (City)3,550.00 10,650.0010,650.0010,650.0010,650.0042,600.00 Donation 400.00 1,200.001,900.002,450.007,750.0013,300.00projected increase Grant Income (EBCF) 0.00 0.00 0.00 0.00 30,000.0030,000.00 Membership Dues 430.00 830.00 600.001,400.007,200.0010,030.00projected increase Sales - Gift Store 2,200.00 6,600.006,600.006,600.006,600.0026,400.00projected increase Rentals 0.00 300.00 900.00 0.00 1,200.00projected increase Tours 100.00 300.00 300.00 300.00 300.00 1,200.00projected increase other new income 0.00 0.00 0.00 0.00 0.00Need to projectTotal Income6,680.00 19,580.0020,350.0022,300.0062,500.00124,730.00 Expenses
Advertising & Marketing 50.00 50.00 50.00 50.00 50.00 200.00 Cleaning 0.00 0.00 0.00 0.00 0.00
Contractors 150.00 0.00 0.00 0.00 150.00
Financial fees 0.00 0.00 0.00 0.00 0.00
Bank fees (PayPal +) 15.00 45.00 45.00 45.00 45.00 180.00 Brokerage fees 600.00 1,800.001,800.001,800.001,800.007,200.00 Total Financial fees615.00 1,845.001,845.001,845.001,845.007,380.00 Fundraising Cost (to be delveloped) to be projected
Graphic Design 450.00 450.00 450.00 450.00 450.00 1,800.00 Insurance 475.00 475.001,615.001,425.002,725.006,240.00 Job Supplies 200.00 300.00 300.00 300.00 1,100.00
Landscaping 600.00 1,800.004,200.001,800.0011,400.0019,200.00 Legal , Accounting & Prof Services150.00 450.004,300.00450.00 450.00 5,650.00 Moving Expense* (substantail if needed)0.00 0.00 0.00 0.00 0.00 Payroll Expense - Salary* 0.00 7,000.0018,400.0020,100.0020,100.0065,600.00depends on hire Payroll Expense - Taxes & WC Insurance1,200.00 3,120.004,020.004,020.004,020.0015,180.00 Postage 60.00 385.00 180.00 180.00 460.00 1,205.00
Professional Development/Networking100.00 300.00 450.00 600.00 1,450.00 Property Tax 0.00 0.00 0.00 2,500.002,500.00
Reseach Support 800.00 2,400.002,000.00 0.00 0.00 4,400.00 Rent & Lease 5,256.00 15,768.0015,768.0015,768.0015,768.0063,072.00 Repairs & Maintenance 450.00 1,350.0024,350.0013,550.001,350.0040,600.00Maint to be determined: $30K Major items Security 50.00 150.00 150.00 150.00 150.00 600.00
Speaker Series Expense 200.00 600.00 600.00 600.00 600.00 2,400.00Assuming we increase activity Taxes & Licenses 0.00 0.00 75.00 0.00 75.00
Utilities 0.00 0.00 0.00 0.00 0.00
Electric 270.00 810.00 690.00 690.00 770.00 2,960.00
Garbage / Recycling 90.00 270.00 270.00 270.00 270.00 1,080.00 Gas 240.00 720.00 570.00 220.00 470.00 1,980.00
Telephone 175.00 525.00 525.00 525.00 525.00 2,100.00
Porta Potty 250.00 750.00 750.00 750.00 750.00 3,000.00 Water / Sewer 500.001,000.00600.001,200.003,300.00
Total Utilities 1,025.00 3,575.003,805.003,055.003,985.0014,420.00 Total Expenses11,381.0039,868.0082,333.0064,268.0066,753.00253,222.00 Net Operating Income-4,701.00-20,288.00-61,983.00-41,968.00-4,253.00-128,492.00