2011 Financial Report

In the name of fiscal transparency, here we have our 2011 financial report! The good news is we nearly broke even this year. We were still at a loss on January 1 but we got close. (Someday. One can dream, right?) Big thanks and hugs to everybody who stuck with us this year. It started out pretty gloomy and we all took pretty massive paycuts and had to lose our healthcare (both of which, sadly, are still in effect) but we survived to publish again! A toast to big things to come for everyone in 2012. Stay alive, stay well.

-Jessie Duke, Joe Biel, Rio Safari, Matt “The Option” Gauck, Nate Beaty, Danielle Duquette, and Adam Gnade

2011 Income $309,874.64 (19.1% decrease)

Expenses

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Total staff wages $25,286.26 (a 46.5% decrease, 8.1% of budget)

Printing Bills $59,595 (3.5% increase, 19.2% of budget)

Shipping $41,586.17 (40.1% decrease, 13.4% of budget)

Publishers and distributors $91,798.47 (30% decrease, 29.6% of budget)

Zines bought from makers $19,231.50 (21% decrease, 6.2% of budget) 

Rent $12,600 (13% decrease, 4% of budget)

Utilities, insurance, phone, office supplies, etc $39,748.78 (83.2% increase, 12.8% of budget)

Royalties to authors $13,637.02 (32.7% decrease, 4.4% of budget))

Travel $731 (85.4% decrease, .2% of budget)

Catalog Printing $2,886 (21.1% decrease, .9% of budget)

Donations $3,175 (36.2% decrease)

Staff Healthcare $0 (100% decrease, 0% of budget)

Advertising $3,013.88 (31.7% decrease, 1% of budget)

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Total Expenses $310,114.08

Total $-239.44 (loss)