UUCC Financials Through January 31, 2025
Finance Committee Report
- Our financial performance from operations (loss of $138k) is about $39k behind budget for the first seven months of our fiscal year
a. Pledge income of $352k is about $9k ahead of budget
b. Rental income of $22k is about $1k below budget
c. Total operating revenue of $484k is $13k ahead of budget.
d. Expenses of $622k are $52k 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 $44k below budget - “Other income” of $179k, which is $301k better than budget due to investment gains of over $257k and timing of some capital improvements projects
a. NOTE: This excludes $405k in capital campaign receipts that are included in our financial statements
b. Our overall finances show a gain of $42k vs a budgeted loss of $220k
i. Again, this excludes the $405k of capital campaign receipts
Fiscal Year Actual vs. Budget
July 1, 2025 to January 31, 2025 25/26 Actual 25/26 Budget
Total Operating Revenue 484,375 471,300
Total Operational Expenses 622,237 569,713
Operational Surplus (Deficit) (137,862) (98,413)
Other Income/Expense* (Net) 179,490 (121,287)
- Investment Income & fees, unrealized gains/losses, depreciation, bequests; excludes capital campaign receipts
Revenue Breakdown
Through January 31, 2025 25/26 Actual 25/26 Budget
Pledges 352,291 342,805
Rentals 22,013 23,493
Net Assets Used for Operations 67,712 77,277