Question
Use the following information to create a budget for KidzPerform, Inc., a small nonprofit. Last year Income Information: Individual Donations $2000 (expected to increase 5%)
Use the following information to create a budget for KidzPerform, Inc., a small nonprofit.
Last year Income Information:
Individual Donations $2000 (expected to increase 5%)
Pledges: $500 received out of $600 pledged
Fundraising events (2) $100,000 (expected to add one event)
Grants: Second year of a 3-year grant $10,000
Applying for another grant $10,000
Last year Expenditures:
Director salary and benefits $30,000
Voice lessons 20,000
Performance costumes 50,000
Refreshments at events 10,000
Performance conductors 2,000 per event
Advertising 5,200
Invitations, mailings, postage 2,000
Utilities 1,200
Office space valued at $500 per month is donated
Performance Venues valued at $1,000 per event is donated
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