2012 Financial Report

March 24, 2013 — by Joe Biel

In the name of fiscal transparency, here's our 2012 financial report! You can read them from 20112010, and 2009 too! We've made a lot of headway this year and feel like we are approaching a good place despite a recession and changing publishing industry. We've resolved a tremendous amount of old debt so big thanks and hugs to everybody who stuck with us this year. We are still working on re-instating last year's reduced wages and healthcare but we are finding creative ways to work out those problems by next October. Here's a toast to continued improvements in 2013! If you want to help, it is always helpful to sign up for a BFF subscription or purchase anything from the site!  

2012 Income $264,226.84 (17.3% decrease)

 

Expenses

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Printing Bills $84,418.65 (34.2% increase, 32.9% of budget)

Total staff wages $46,908.84 (a 106.4% increase, 17.8% of budget)

Shipping $39,153.20 (5.9% decrease, 14.8% of budget)

Paid to publishers and distributors $32,306.09 (64.8% decrease, 12.2% of budget)

Utilities, insurance, phone, office supplies, etc $26,716.09 (32.8% decrease, 10.1% of budget)

Rent $10,400 (17.5% decrease, 3.9% of budget)

Royalties to authors $9,911.44 (27.3% decrease, 3.8% of budget)

Zines bought from makers $6,033.04 (68.6% decrease, 2.3% of budget)

Advertising $5,457.80 (81.1% increase, 2.1% of budget)

Catalog Printing $2,638.56 (8.6% decrease, 1% of budget)

Travel $1,251 (71.1% increase, .5% of budget)

Staff Healthcare $0 (0% of budget)

Donations $15,495 (488% increase)

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Total Expenses $265,194.71

 

Total $-967.87 (loss)

 
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