[Moo] Fwd: FYI - From the BOD: Projected 2009 Budget Deficit

[Denise McMahon]

 From another list I am on....

This is interesting.

-Rowan B.

Begin forwarded message:

>
> Subject:  FYI - From the BOD: Projected 2009 Budget Deficit
>
>
> Just got this from my BOD subscription.
> Any input or ideas are welcome - see addresses at the bottom.
>
> Kharmin
>
>
> [Announcements] From the BOD - Financial Announcement
>
> Friday, February 20, 2009 11:27 AM
> From: "Patrick Anderson" <president at sca.org>
> Add sender to Contacts
> To: announcements at sca.org
>
>
> Financial Announcement:
>
> Our organization, like most of the world, is suffering from the recent
> economic down turn.
>
> Please take a moment to review the 2009 SCA, Inc.
> budget the directors and corporate staff have posted at
> http://www.sca.org/.
>
> As you can see, the SCA is forecasting a deficit
> for this budget cycle (2009). At this time, this is only a  
> forecast, and
> will be monitored and modified as the year progresses. For the year
> ending 2008, we had a net loss of $181,595.56. Looking forward to  
> 2009,
> changes in funding strategy will be required to meet current and  
> future needs.
>
> The SCA's 2008 and projected 2009 deficit is a result of several  
> factors.
>
> 1.      An increase in the cost to the SCA's liability insurance.
> 2.      The increased cost of travel.
> 3.      The increased cost materials; printing, paper, postage etc.
> 4.      Over the last couple of years our membership numbers had
> remained steady. However, the last four months have shown a slight
> overall decline in membership and more people are renewing as  
> associate
> or family members, resulting in a loss of revenue.
> 5.      The Organization's branches hosted roughly 100 fewer events  
> this
> year; down to 1123 from 1247 the previous year.
>
> At the October 2008 Board meeting the Board of Directors took the
> following substantive measures to cut costs.
>
> 1.    The elimination of one of the quarterly in-person meetings of  
> the
> Board of Directors, the July meeting, which will be replaced by a
> conference call. Please note: The directors remain committed to  
> outreach
> to the membership. The elimination of this meeting was a difficult
> choice as the directors and corporate staff is committed to public
> meetings, traveling across the Known World in order to meet the  
> members
> and gain input from them.
> 2.    The introduction of the online waivers, which will reduce  
> postage
> and paper costs.
> 3.    The Corporate office also negotiated a reduction in rental  
> fees in
> our new lease.
> 4.    The Directors and corporate staff have realigned our investments
> in minimize the impact of a volatile market.
>
> Looking forward, we see the potential for continued financial distress
> for the Organization. In light of the 2008 loss, the Directors and
> corporate staff are currently working through a variance analysis. The
> first results of this analysis are the measures noted above. Moving
> forward, we are looking at a variety of options to reduce costs, and
> increase our revenue. Please take a moment to review the list of ideas
> below and send us your comments and ideas. We understand that some of
> the options will be unpopular in areas of the Society. This should not
> be considered a complete list of all options, nor should any of these
> items be considered as a "done deal". While we have no wish to unduly
> change the spirit of our shared activity, we feel strongly that at  
> this
> time all options must be placed on the table, examined and
> reviewed.
>
> 1.    Development of a Grant program, specifically target at  
> supporting
> our publications and A&S activities.
> 2.    Offering Tournaments Illuminated and The Compleat Anachronist
> subscriptions to non members, libraries, schools, and others.
> 3.    Raising the rate for these publications to our members.
> 4.    Adding new tiers of member sponsorship of the SCA such as a  
> Donor
> or Sponsor level of involvement.
> 5.    Examining the different membership participation options, with a
> short term "event pass" for new participants.
> 6.    Increased funding from sales of SCA related merchandise (via  
> Cafe
> Press or other similar sites Individual Kingdoms currently have  
> gone in
> this direction. We are not looking to curtail this activity. )
> 7.    Raising  membership rates.
>
> Please note that the Organization is capable of funding the forecasted
> deficit for 2008 and 2009 from our reserves. However, with the current
> economic environment and the SCA's challenges, this does not seem to
> be a prudent solution.
>
> As ever, the Board of Directors and Corporate staff needs your  
> input and
> ideas.
>
> Comments may be sent to; comments at sca.org. Please recall that this  
> is a
> comment only address. The Directors all see the email from this  
> comments
> address, however we do not offer individual responses.
>
> Thank you for your time and review of this material.
>
> --
> Patrick Anderson
> President
> Society for Creative Anachronism, Inc.
> president at sca.org
> 952-412-4112
>
>
> Comments are strongly encouraged and can be sent to:
> SCA Inc.
> Box 360789
> Milpitas,  CA 95036
>
> You may also email comments at lists.sca.org.
>
> This announcement is an official informational release by the  
> Society for Creative Anachronism , Inc.  Permission is granted to  
> reproduce this announcement in its entirety in newsletters,  
> websites and electronic mailing lists.
>
> _______________________________________________
> Announcements mailing list
> To unsubscribe or change your settings, visit:
> http://lists.sca.org/listinfo/announcements
>
> To change the email address you receive these messages at, visit  
> the URL
> listed above, subscribe to with your new email address.  Once this is
> completed, return to the URL listed above and unsubscribe your old  
> email
> address.
>
>
>

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.stierbach.org/pipermail/moo-stierbach.org/attachments/20090221/14b16b60/attachment-0003.htm>