What’s in the ILNH Wallet:
A look at how the money comes and goes from our finance team
Several people have asked what do we do with our donations and perhaps even wondered what does it take financially for organization to function. Our co-treasurers, Elycia Lerman & Alison Levine, are providing some insight from behind the scenes.
ILNH is currently a registered, non-profit organization in the state of New Jersey and will shortly register itself as a 501c4, either independently or as part of Indivisible national.
In 2017, our first year of action, ILNH received approximately $17,600 in total revenue from cash includes donations, merchandise sales and in-kind donations*. The breakdown is roughly:
- $4,500 -- Merchandise sales
- $11,500 -- Monetary donations
- $1,600 -- In-kind donations
The Rise & Resist Benefit Concert, a collaborative effort with Planned Parenthood and Rise Up Doylestown, netted about $3,200. In addition, we have a major donor/patron who provides $500 per quarter. All other donations are from activists like you giving what they could, when they could! Side Note: Our new website has a handy donate button to enable online donations at any time!
Our total expenses for 2017 were approximately $10,600 with the major expenses being following breakdown:
- $3,150 -- Facility rentals
- $3,840 -- Merchandise stock
- $1,500 -- Liability & Directors/Officers Insurance
- $1,500 -- Get Out the Vote
Other expenses included supplies, equipment, printing/paper, postage, etc. These numbers also include the approximately $1,500 we received and passed on to Fisherman’s Mark as part of a partnership with the City of Lambertville to help with the purchase of ID card making equipment to support our immigrant population. We ended the year with $5,400 in the bank.
In 2018 through end of August, we have received $12,000 in total revenue. Donations are approximately $5,800 and merchandise sales $6,200. In June we partnered with Fishmerman's’ Mark for the rally to Stop Separation of Immigrant Families, raising money for them and for ILNH, which enabled us to make a $250 donation to Fisherman’s Mark to continue their good work.
Our expenses through August 2018 were $13,600, with major expenses including Get Out the Vote activities $3,600, merchandise $3,100, insurance $1,500, facility rentals $1,300, and strategic planning $1,000. Other expenses included equipment/technology, tax, supplies, and postage. We also supported student bus scholarships to the Washington DC March for Our Lives, organized by the late Kate McGinnity.
If you have any questions or want to engage help ILNH with financial planning or oversight, please reach out to Elycia or Alison at info@IndivisibleLNH.com.
*In-kind donations are donations of goods and services, for example providing graphic design services, donation of merchandise for sale, or donation of food for an event. We don’t capture all in-kind donations in our financial accounting.