Downtown Napa Association
Profit Loss Budget vs. Actual
January through December 2021
EXHIBIT A
Jan - Dec 21 Budget $ Over Budget % of Budget
Ordinary Income/Expense
Income
PPP Loan 36,617.00
Shop Downtown Napa Guide 9,660.00 8,000.00 1,660.00 120.75% Oxbow Promotional Assessment 22,856.11 26,880.00 -4,023.89 85.03% Downtown Promotional Tax 137,883.50 100,800.00 37,083.50 136.79% Main Street Reunion 2,820.00
PBID Administration 58,960.00 60,000.00 -1,040.00 98.27% Alcohol Beverage Sales 34,269.47
Sponsorships 77,100.00
Bank Interest 3.60
Total Income 380,169.68 195,680.00 184,489.68 194.28%
Gross Profit 380,169.68 195,680.00 184,489.68 194.28%
Expense
Shop Napa Guid 0.00 8,000.00 -8,000.00 0.0%
Supplies/ Materials 15,332.52
Collateral 5,506.91
Event Entertainment 39,491.84
Alcoholic Beverage 504.00
Accountant 5,700.00 4,700.00 1,000.00 121.28%
Advertising 61,834.99 44,000.00 17,834.99 140.53%
Bank Charges 3.63
Contract Services 51,273.74 4,200.00 47,073.74 1,220.8% Dues/Subscription 1,100.00
Employee Payroll 128,746.44 87,612.00 41,134.44 146.95% Federal Taxes 0.00 300.00 -300.00 0.0%
Franchise Taxes 75.00
Insurance 17,456.64 25,860.00 -8,403.36 67.5%
Offices Supplies 2,893.10 2,700.00 193.10 107.15%
Permits and Licenses 8,775.50
Postage/Box Rental 116.40 448.00 -331.60 25.98%
Rent 13,167.00 15,600.00 -2,433.00 84.4%
Telephone 4,283.23 4,200.00 83.23 101.98%
Travel/Expenses 732.64 1,275.00 -542.36 57.46%
Web Site 2,071.99 2,400.00 -328.01 86.33%
Total Expense 359,065.57 201,295.00 157,770.57 178.38%
Net Ordinary Income 21,104.11 -5,615.00 26,719.11 -375.85% Net Income 21,104.11 -5,615.00 26,719.11 -375.85%