2011 Annual Financial Report

January 1 - December 31

INCOME	2010	2011	Notes	Difference
Donations - Cash/Cheques	12,380.36	13,404.01	1	1,023.65
Goods & Services	8,233.22	5,487.25	2	- 2,745.97
Elections - Cash & Cheques	-	7,053.88	4	7,053.88
Election - Goods & Services	-	631.00	4	631.00
Other Election Income	-	121.36	4	121.36
Interest Income	62.02	78.95	5	16.93
Social Fcns, Gen Collections	21.00	76.00	4	55.00
Other Income	130.00	303.22	6	173.22
Transfers Received	_____0.00	_____12.22	7	____12.22
TOTAL INCOME	20,826.60	27,167.89		6,341.29
					Budget
EXPENSES	2010	2011	Notes	Difference	2011	2012
Audit	2,812.00	2,656.00	11	156.00
Advertising	1,450.76	664.68	12	786.08	1,000	1,000
Bank Charges	531.32	610.55	13	-79.23	400	400
Brochures, Newsletter	1,002.96	1,399.60	14	- 396.64	500	1,000
By-election Expenses		-	15	942.09
Election Campaign Expenses	942.09	6,404.09	15	- 5,462.00		500
Fund Raising Expenses	-	75.94	16	-75.94	800	200
Insurance & Utilities	1,235.52	1,292.76	17	- 57.24	1,300	1,300
Meetings Hosted	4,188.64	3,638.92	18	549.72	3,000	3,500
Office & Equipment Rental	138.60	149.16	19	- 10.56	150	150
Office Supplies	584.52	1,457.37	20	-872.85	1,000	1,500
Postage & Courier	1,182.98	2,273.63	21	- 1,090.65	1,700	1,700
Professional Fees	1,956.00	2,432.00	22	- 476.00	2,000	2,000
Telephone	949.03	1,015.61	23	-66.58	1,000	1,000
Travel Expenses	5,522.00	2,023.17	24	3,498.83
Web and Internet	189.41	226.38	25	-36.97	400	400
_Other Expenses	__________	___655.00	26	__-655.00	________	________
TOTAL EXPENSES	22,685.83	26,974.86		-3,346.94	13,250	14,650

INCOME - EXPENSES	-1,859.23	193.03		- 2,052.26
Bank Balance January 1	10,878.90	9,175.67		- 1,703.23
Accounts Payable at January 1	-2,500.00	-2,656.00
Accounts Payable at Dec 31	2,656.00	4,012.00		__________
Bank Balance at Dec 31	9,175.67	10,724.70		1,549.03

NOTES:

2	Audit and most travel expenses are Contributed Goods and Services
11	Annual Audit Fee is $4,000 less Elections Ontario Subsidy which increased in 2009 to $1488 from $1344.
	Audit Fee is shown as an expense (and Accounts Payable) in the current year but not paid until the following year
12	2011 Budget includes $700 for Manning Conference and $300 approved for a "Libertarian" banner (Jan 10/10).
	A booth at the Freedom Fest (May 5) is free if we provide a speaker.
13	2011 includes $301.89 for PayPal (3.3% of $9,149.65) and $350.19 for VISA (19.0% on $1,847)
14	2011 includes $670 to print 1,625 Bulletins (vs Budget of $500), $535 for unused election pamphlet shells,
	and $147 to print 1,000 mastheads for Bulletin. (Mailed Bulletin costs $1.29 each)
	2012 budget includes allowance for fewer printed copies of Bulletin (more emailed) and info pamphlets.
15	No By-elections in 2011. Assume one in 2012.
16	2011 includes purchase of 15 books and 15 CD sets by M Cloud ($65.77),
	plus printing renewal notices ($10.17)
	2012 budget provides for quick turnaround when opportunities arise.
18	2012 Budget includes AGM ($1,600), Caucus Meeting ($500) and Executive Meetings ($900)
	plus motion at Sept 19/10 meeting to add $500 for a meeting on Crown Land Patent Grants.
21	2011 includes $1,034 for mailing Bulletin
	2012 assumes $750 for Bulletin (20% emailed), plus $300 miscellaneous, plus $650 for fundraising letters.
22	2012 Budget includes $600 for folding and mailing Bulletin, $1,400 for (contributed) Web Site services
24	2011 includes trips by the Leader to Ottawa and Hamilton.
25	2012 Budget includes Web Site ($200) and Meetup subscription charges ($200).
26	Embroidering logo on Golf Shirts

Ontario Libertarian Party

Primary links

2011 Annual Financial Report

User login

From the Blogs

Around the Web