IFRT Members Community (Open)

last person joined: yesterday 

The Intellectual Freedom Round Table (IFRT) provides a forum for the discussion of activities, programs, and problems in intellectual freedom of libraries and librarians.

The IFRT Members Community group is the central hub for discussion, library and events. It is visible to all ALA members but only IFRT members can participate in the conversation.

IFRT Budget/Finance Report

  • 1.  IFRT Budget/Finance Report

    Posted May 29, 2018 05:28 PM
      |   view attached
    TREASURER'S REPORT
    For Virtual Meeting of 5/30/18


    The big change from the previous 2019 draft budget is increasing the Overhead Expense from $2,500 to $4,000 (a boost of $1,500) to cover the cost of the OIF webinars to be offered free to all IFRT members.

    That cost raised Total Expenses from $21,400 to $22,900.

    The Net Revenue (Expense) consequently increased from ($3,900) to ($5,400)--that is, a deficit of $5,400, which still leaves a very healthy Net Asset Balance of around $90,000, I believe.

    I haven't seen the numbers yet, but the IFRT Donations chart should be rosier now than in December.

    The New Orleans fundraiser for the sustainability of the IFRT Awards is the big budgetary topic.  Up front expenditures for that event increased the Meetings and Conferences expenditures and pushed the Operating Budget into a bit of a deficit but should pay off handsomely in the end.

    Overall, the financial condition of IFRT is sound.


    Respectfully submitted on 5/29/18,
    Steve Norman (IFRT Treasurer)

    ------------------------------
    Steve Norman
    Director
    Belfast Free Library
    ------------------------------

    Attachment(s)