1. Magnificat Central Service Team 2014-2015 Financial Report
Revenue
Other includes interest, dividends, revenue sharing, annuities, unrealized income, etc.
$200,000
Chapter dues and donations includes monies contributed from active chapters that are more than 2 years old and also chapter closings.
Other $8,767
Royalties include income from the Magnificat Missal for trademark of the name Magnificat.
$150,000
Chapter
$22,981
Conference includes registrations, donations, etc.
Fundraising $2493
Logo sales are revenue from the sale of logo items such as pins, tote bags, etc.
Proclaims $5,952
Royalties
28,540
Formation
Chapters $13,071
Fundraiser includes personal donations from the annual appeal using the envelopes, online donations, and the 5 Star Campaign.
Logo Item
$17,479
Conference
32,568
$100,000
Expenses
Conference
$24,713
Fundraising includes annual fundraiser supplies, printing & mailing; PayPal fees.
Logo Sales
$34,353
Magnificat Proclaims includes the radio, book, & TV.
$50,000
Formation Chapters includes printing, mailing, logo supplies, office support, etc.
Chapter
Support
$74,068
Fundraiser
$43,995
Logo Items are expenses for the sale of logo items such as pins, tote bags, handbooks, etc.
Conference includes printing, subsidies, stipends, etc
Chapter Support includes Regional teams, subsidies, website, WebEx, trademarks, directory, accounting fees, office staff/rent/utilities, etc.
Revenue
$171,204
Expenses
$137,776