ABC Budget Presentation

Carollei  McMillin  CEO Janet  McGraw  DE Joyce  Wang  CFO

FY  2013  Budget  Presentation

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.   

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

+ 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  

+ 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.

+

Programs 82%

Fundraising 11%

Support Services 6%

Capital Budget 1%

2013 Projected Expenses

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.

+ Development Plan

+

Donor Pyramid

1 $50K-99,999  

2 $25K-49,999  

5 $15,000-24,999

10 $10,000-14,999  

22 $5,000-9,999

60 $1,000-4,999  

400 $1-999

Direct Mail Campaign

Total cost of each student: $2,652

Between three and five donors at this level cover the cost of one student

One donor at this level will cover the cost of 27 students

One donor at this level will cover the cost of 5 students.

Development Plan

Foundation Support Amount

Requested

Amount Expected

Foundation Amount Requested Amount Expected

DEF $414,403

Donald de Laski & Nancy L. de Laski Foundation

$100,000 $90,000

The Morris & Gwendolyn Cafritz Foundation

$65,000 $45,000

Capital Fund for Children $50,000 $40,000

Meyer Foundation $50,000 $40,000 The Jacob & Charlotte Lehrman Foundation

$50,000 $30,000 +

Corporate Support

+

• $35,603

Capital One Bank

• $23,000

NBC Universal

• $20,000

*Ford Motor Company

• $12,000

*YAMAHA

• $10,000

Salamander Hospitality

Total: $100,603

*Ford  Motor  Company  and  YAMAHA  are  two  new  corporations  we  will  approach  in  FY13.  We  have  already  contacted  them,  and  have  received  positive  responses.

Government Support

+

Gov’t Agency Amount Requested Amount Expected

NEA $150,000 $93,000

DC Commission on the Art & Humanities $75,000 $58,000

Virginia State Grants $35,000 $21,000

Maryland State Grants $20,000 $13,700

Total $185,700

Amount Requested

Amount Expected

+ 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.  

+ Anniversary Gala Gala Expenses

Marketing/Printed Material $2,500

Chairs & Table Rentals $2,000

Wine & Alcohol $1,500

Lighting $800

Small Equipment $600

Other $600

Total $8,000

Gala Income Cost Expected Sales

Total

Gala Ticket $50 300 $15,000

Show Tickets $20 150 $3,000

Art Sales $1,400

Donations $4,800

$24,200

+

+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

Questions? +