WIN Annual Reports April 2019 Midyear Report | Page 21

2 0 1 9 M I D YE AR RE P O RT
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HOW WE ARE FUNDED
WIN is funded by annual dues from member institutions, donations from friends, and
grants from foundations and banks. Dues and donations are the most important part of
the funding because they are more consistent and dependable year-to-year, and they
demonstrate the people’s ownership over our work. 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 majority of WIN’s budget supports paying the salaries and benefits of WIN’s full-
time, professional organizers. The organizers lead grassroots 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 201 8 FINANCIAL RESULTS*
OPERATING EXPENSES
OPERATING INCOME
Personnel $356,779 Hard Money Travel & Field Expenses $8,915 Dues $91,900
Training $17,509 Friends of WIN $35,504
Office & Supplies $18,232 Soft Money Communications & Tech $7,431 Foundation Grants $329,500
Action Costs $9,343 Corporate Grants $29,500
IAF & Metro IAF Contract $47,500 Interest Income $655
Bookkeeping, Audit, etc. $30,901 Reserves Subgrant for Regional
Transit Work $43,000 Friends of WIN Fundraising $23,664
Distribution from Investment $40,000
Total Operating Expenses $539,610 Total Operating Income $550,723
Total Net Income $11,113
*Most recent audited financials will be made available to WIN member organizations
and foundations upon request.