Finance Committee Report
Our financial performance from operations is about $42k behind budget for the first half of our fiscal year
a. Pledge income of $320k is about $12k ahead of budget
b. Rental income of $20k is right on budget
c. Total operating revenue of $445k is $27k ahead of budget.
d. Expenses of $542k are $69k higher than budget – mostly due to the capital campaign (both timing of expenses in the budget and the actual cost of the campaign); Programming excluding the capital campaign is about $27k below budget; $19k is Building and Grounds expenses greater than budget for the first half of the year
- “Other income” of $157k, which is $258k better than budget due to investment gains and timing of some Building & Grounds projects
a. NOTE: This excludes $345k in capital campaign receipts that are included in our financial statements
b. Our overall finances show a gain of $60k vs a budgeted loss of $156k
i. Again, this excludes the $345k of capital campaign receipts
Fiscal Year Actual vs. Budget
July 1, 2025 to December 31, 2025 25/26 Actual 25/26 Budget
Total Operating Revenue 444,734 418,167
Total Operational Expenses 542,180 473,441
Operational Surplus (Deficit) (97,446) (55,274)
Other Income/Expense* (Net) 156,769 (100,961)
- Investment Income & fees, unrealized gains/losses, depreciation, bequests; excludes capital campaign receipts
Revenue Breakdown
Through December 31, 2025 25/26 Actual 25/26 Budget
Pledges 319,568 307,766
Rentals 19,778 20,079
Net Assets Used for Operations 65,349 66,952