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= Financial Report = '''Anarchist societies under a capitalist state need money to survive and thrive, yo.''' Tyler reports!!!! Also a report on #finance-wg slack channel Tyler: Current cash balance is $312,000 and $104,000 in crypto, grand total of $416,000. Monthly recurring revenue is $4,300. last 30 days $4,100. Between $4-4.5k in monthly revenue. Pre-pandemic we were at $8-9k/month. Shutdown has cut us ~in half. Steve: how can i give money to noisebridge online? tyler: ? or paypal. donate.noisebridge.net. that is up and running. we also have a patreon. last one is benevity. < if you work at a big company, they'll often give matching. Danny: We're a 501(c) 3 so we're tax deductible also. X: Hello, supplementing the financial report. $172,000 is our check cashing balance. we've also received $7 additional cash anonymously deposited. Danny: Thanks X. $7. Pyconaut: Hello! One thing I wanted to mention is that we have looked into grants and are currently looking at a couple, one i'm looking at that a number of people know about is filecoin, which does some grants... i don't know if you've looked at previous meeting notes. there's a filecoin grant that could be useful for building better infrastructure at noisebridge and also help the filecoin network, which i can talk about after a meeting at some point, but it's pretty interesting. https://grants.filecoin.io/ Danny: Those filecoin people sure sound nice. Dave B - if it isn't too much trouble i would like a report on where our money came from before covid and where it's coming from now (broad strokes, in person, events, steady donations, etc) Tyler: I can come up with that and provide it later but it would be hard right to do immediately right now. To answer the question, we got ~$2k/m in cash donations, majority of our money came from philanthropists, members, and also big crowd of $5/m donors, not phil/Members just regular people. High income months of recurring income were months when we had lots of events. In the 6mo prior to covid we got into a good routine with barbot and the comedy nights, those turned up $500/m, probably another $1000/m would come from events. NC "Comet": That's fucking amazing. In terms of outdoor space vs indoor space I'm working with a fiscally sponsored art gardens space we just interfaced with a musician (Union?). one way to look at how this kind of revenue operates. ??? The event space is real but it's not the only one, to get to the sponsors and people who want to do that and bring them into the fold. Not like a product that comes on the christmas card it's about bringing someone in who wants to be with you? ( i think i must have missed a lot of what they said ) Note from lizzard: When you think of that cash reserve we have now, please think of it spread out over our 10 year lease, at over 10K a month. * Funds in bank: * Noisetor (See the bulletpoints at the bottom of http://noisetor.net/finances/#summary): * Any other details by those participating in handling our financials * The latest financial reports from the treasurer are available at https://noisebridge.net/wiki/Finances == Fundraising Update == '''How's it all going'''
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