WIN Annual Reports 2015 Annual Report | Page 12

How we are funded WIN is funded by annual dues from member institutions, donations from friends and grants from foundations. Dues and donations are the most important part of the funding because they are more consistent and dependable year-to-year. WIN does not accept government funds for its core organizing budget, so that it can remain autonomous and politically independent. How are our funds used? The major part of WIN’s budget goes for paying the salaries and benefits of WIN's full-time professional organizers. The organizers lead grassroots organizing and leadership training and assist WIN’s member institutions in local and District-wide organizing activities and campaigns. The budget also covers expenses associated with running issue campaigns and holding related large-scale actions and trainings. The remainder of the budget goes for office expenses and necessary accounting/bookkeeping expenses. Overview of WIN’s 2015 Financial Results EXPENSES Personnel Travel & Field Expenses $255,000 $8,000 Training for Leaders $37,000 Office & Supplies $17,000 Communications & Technology Action Costs IAF & Metro IAF Contract $8,000 INCOME Hard Money Dues $83,000 Friends of WIN Individual Contributions $19,000 Institutional Contributions $17,000 $3,000 $42,500 Soft Money Bookkeeping & Audit $6,000 Foundation Grants Insurance $3,000 Corporate Grants $20,500 $40,000 Training Reimbursements $26,000 Contributions to Operating Reserve $419,500 Interest Income TOTAL INCOME * Some grants received in 2015 were multi-year—allocatable to future years. Audited financials will be made available to WIN member organizations and foundations. $264,000* $600 $430,100