LIONS Finances - Budgets Anytown Lions Club – District 2S4

Types of Budgets/Accounts Administrative or Dues Charitable, Service Special Events – could be either Administration or Charitable Cabinet, zone or convention, installation banquet – Administrative Fundraiser – typically Charitable Dispel the myth – no funds raised from the public can be directed to administration, EVEN IF you clearly state intent to use as administrative funds… DON’T DO IT.

Anytown Lions –2 Budget Focus Administration – Club Income Dues Fines/Split the Pot Member funds Expenses Dues to International, State MD2, District 2S4 Board Insurance Member Recognition Awards Fees, Registrations Postage and office supplies Charitable – Service Income Fundraisers Grants Donations Expenses Fundraising expenses Humanitarian Dues and Lions Charities Community Services and charitable activity

The Anytown Lions Club $15 Dues per month or $180 per year 25 Members 22 Regular Members 3 Family Members Meet Twice Per Month (24x year max)

Let’s talk about dues

Anytown Admin INCOME

Anytown Admin EXPENSE

Administrative Bottom Line $4, Income $4, Expense $30.75 Net It is your board’s fiduciary responsibility to BUDGET A POSITIVE NET INCOME

Anytown Charitable INCOME Project budgets would help determine Net Income for Fundraising line items.

Anytown Charity EXPENSE

Charitable Bottom Line $9,500 Income $9, Expense $ Net It is your board’s fiduciary responsibility to BUDGET A POSITIVE NET INCOME

Questions? This presentation as well as a budget workbook containing the fictitious Anytown administrative spreadsheet and charitable spreadsheet will be available in MS Excel format, online for your use/customization at: