====================================================================================== Annex 2 Report and recommendations of the Treasurer (Doc. 94-308) INTERNET SOCIETY PROPOSED 1995 BUDGET 1995 Budget 1994 Budget 1994 Estimated 1993 Actual Income: Organizational Members $ 800,000 $ 740,000 $ 629,000 $ 860,000 Individual Members $ 120,000 $ 140,000 $ 90,000 $ 84,587 Note 1 INET $ 100,000 $ 50,000 $ 100,000 $ 54,863 NDSS $ 40,000 $ 42,768 Publications/Advertising $ 30,000 $ 30,000 $ 4,395 $ 3,170 Donations $ 16,844 $ 500 Note 17 Other Revenue $ 100,000 $ 2,825 $ 107 Note 18 Interest $ 10,000 $ 7,500 $ 11,000 $ 1,482 Total Income $ 1,200,000 $ 967,500 $ 896,832 $ 1,004,709 Cost of Goods $ (4,275) Net Income $ 1,200,000 $ 967,500 $ 892,557 $ 1,004,709 Expenses Payroll/Fringe $ 450,000 $ 272,677 $ 111,000 $ 146,149 Note 12 CNRI Payroll/Fringe $ 71,885 Note 19 Postage $ 33,000 $ 16,000 $ 22,000 $ 20,811 Publications $ 180,000 $ 85,000 $ 27,500 $ 59,310 Note 13 Telephone/Courier $ 40,000 $ 29,600 $ 37,000 $ 9,466 Note 3 Media Services $ 3,142 Note 20 Materials & Supplies $ 40,000 $ 35,000 $ 37,500 $ 32,244 Travel $ 50,000 $ 50,000 $ 24,000 $ 34,431 Meetings $ 10,000 $ 7,000 $ 6,000 $ 10,335 Miscellaneous $ 1,350 $ 10,100 Professional Services $ 15,000 $ 15,750 $ 62,000 $ 100,404 Note 2 Admin/Facilities $ 54,729 $ 63,940 $ 261,109 Note 4 Amortization $ 20,000 $ 13,000 $ 18,000 $ 13,950 Note 5 Legal Counsel $ 30,000 $ 30,034 Note 6 Accounting $ 60,000 $ 36,000 $ 56,000 Note 7 Rent $ 98,500 $ 30,500 $ 22,300 Note 8 Furniture $ 15,000 $ 45,000 Note 9 Other Capital Exp. $ 15,000 $ 72,500 Note 10 Contingencies $ 100,000 $ 70,000 Bank & Credit Card Fees $ 4,000 Depreciation $ 30,000 $ 16,250 Note 14 Insurance $ 5,000 $ 3,500 Note 15 Sponsorships $ 20,000 $ 16,000 Note 16 Repair/Maintenance $ 1,800 Temporary Help $ 7,500 $ 3,000 Property Taxes $ 7,000 $ 100 Note 21 Other Expenses $ 100,000 $ 225,945 Note 11 $ 1,196,000 $ 962,756 $ 635,159 $ 927,396 Total Expenses $ 1,196,000 $ 962,756 $ 635,159 $ 927,396 Operating Surplus $ 4,000 $ 4,744 $ 261,673 $ 77,313 Other Income Total Surplus $ 4,000 $ 4,744 $ 261,673 $ 77,313 Fund Balance/Start of Year $ 518,986 $ 257,313 $ 257,313 $ 180,000 Fund Balance/End of Year $ 522,986 $ 262,057 $ 518,986 $ 257,313 -------- Note 1 4000 members at $35/year Note 2 1994 included HLF and AMR; For 1993 HLF, legal, accounting Note 3 For 1994, 1995 includes T1 to Internet Note 4 For 1993, partial 1994 CNRI admin/facilities Note 5 Organizational Costs Amortized over 5 years ST Note 6 Bryan, Cave (Andrea Ireland); Pro Bono after mid-1994 Note 7 Beverly Dains Note 8 Five year Lease at $15/sq ft with 3% escalator 1994 20085effective April 1994 1995 41074 1996 42306 1997 43575 total 203,226 1998 44883 1999 11303 1995 includes additional lease coterminating with current one at 3700 sq ft for $15.50/sq ft/yr 1995 57350 1996 59071 total 304,480 1997 60843 1998 62668 1999 64548 Note 9 Furniture actually capitalized over 5 years Note 10 PCs, Telephone System, copier, Fax, Office Equip. Note 11 IETF Secretariat/CNRI Note 12 Current Payroll is $240,500; add tech support, deputy director, conference manager, admin support Note 13 Assuming $35K per issue 10,000 copies each for 1995 Note 14 Depreciation at 20%/year of furniture/equip Note 15 Non-Profit Liability, Fire, Workman's Comp Note 16 Expenses for ISOC representation by volunteers, Internet Start-up Booths, EFF, trustees Note 17 Donated Equipment Note 18 1994 ISOC items (T-shirts, etc.), $92 employee computer use 1995 Grants, seminars, other revenue producing activities Note 19 3 ISOC employees were CNRI employees until 1 July 94 Tony Rutkowski was not on CNRI payroll accounting for the difference between 111K and 71K for 6 months Note 20 CNRI category not used after 1993 Note 21 Property Taxes ======================================================================================