Finances

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Contents

Note: This page is outdated!

This page reflects discussions on financing prior to Noisebridge's founding and current operations. Please contact treasurer@noisebridge for more information, then update this page!

Start-Up Costs

This section is for start-up costs (known or estimated). Story so far:

  • Move-in cost for space : $4000
  • Three months' rent reserve : $5925 at $1975/mo rent
  • Cost of incorporation as non-profit + 501c3 app : $2000
  • Initial insurance cost : ~$2300 per year
  • Initial cost for drinks to sell : ??
  • Initial cost for space improvements, making keys, etc. : ??
  • Noisebridge business Costco card : $50
  • Initial equipment costs : ??

Estimate so far for start-up cost: $14475 + ??.

DavidMolnar ideally would like to see 2x whatever this estimated number is as starting capital, but that may be overkill.



Potential Income

Monthly Expenses and Dues

Click here for info on how to pay your Membership Dues.

Monthly expenses:

  • $1975 rent
  • $221.50 PG&E
  • $70.50 Comcast internet
  • $87.24 DSL internet
  • $100 misc (toilet paper, juice, resistors)
  • $200 drinks / month
  • - $200 for drinks /month in revenue

total monthly expense: ~$2454

number of members monthly to cover
10 $236.70
20 $118.35
40 $59.18
60 $39.45
80 $29.58
100 $23.67



Committed So Far

Actual collected money (cash and checks) as of 23:00 10/7/08:

  • $100 - David Fine (cash)
  • $200 - Brian Ferrell (cash)
  • $100 - Jesse Zbikouski (cash)
  • $500 - Andy Isaacson (check)
  • $1000 - Rachel McConnell (check)
  • $50 - Audrey Penven (check)
  • $1000 - Jacob Appelbaum (cash)
  • $1000 - David Molnar (check)
  • $1000 - Al Billings (check)
  • $100 - John Magolske (cash)
  • $600 - Grey David (cash)
  • $800 - Anonymous (cash - small unmarked bills)
  • $500 - Greg Albrecht (cash)
  • $500 - Matt Peterson (paypal - currently transferring)
  • $50 - Benessa Defend (paypal - currently transferring)
  • $500 - mindwarp (cash)
  • $200 - Ed Hunsinger (paypal - currently transferring)
  • $20 - Reed Kennedy (paypal - currently transferring)
  • $500 - Shannon Lee
  • $1000 - Mitch Altman
  • $100 - Arram Sabeti (Cash)
  • $100 - Anon (Check)
  • $60 - Seth Schoen (Cash)
  • $100 - Michael Kan (Cash)
  • $40 - Shannon Clark (Cash)
  • $400 - Luiz Eduardo (paypal - currently transferring)
  • $80 - Justin 'J' Lynn - (Cash)
  • $500 - Bill Paul (check)
  • $50 - Daniela Steinsapir, (paypal - currently transferring)
  • $100 - Daniel Garcia, (paypal - currently transferring)
  • $100 - Noah Balmer (Cash)

Current total donated (assuming all checks clear): $11,350

Pledges as of 6pm on 9/26/08:

  • $500 - Nate Lawson
  • $500 - Andy Isaacson
  • $200 - monochrom

Total promised but not delivered: $1200

Total pledged + delivered: $12,550


We previously had the following pledges (some partially fulfilled, edit as needed):




Opening a Bank Account

Noisebridge has incorporated and opened a bank account with Wells Fargo.

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