AWBA |
The Art Without Boundaries Association |
The Art Without Boundaries Association has tax exempt status under Section 501(c)(3) of the Internal Revenue Code TM 2005 Art Without Boundaries™ and MnemeTherapy™ are both trademarks with all rights reserved. You may not copy or reproduce anything from this website without written permission from AWBA |
AWBA Financial Statements |
Association Financial Statements- 2010: A Graphic Guide Link to Financial Statements is at the bottom on the page |
Monthly Financial statements will be posted by the 15th of the following month. Click here to view the spread sheet, use your back button to return to this site. Click here if you have questions about AWBA Financials |
Starting Balance The money we have in the bank at the beginning of the month |
Revenues
|
Expenses
|
Total Cash Assets |
Ending Balance Money we have in the bank at the end of the month |
Association Management Fee |
Expenses (Including Association Management Fee) |
How we balance: |
How are your Association Dues being used? |
The dues are used to pay expenses such as:
The Association Management Company REPLACES the high cost of paying for :
The Association Management Company (AMC) is compensated in three ways:
In addition to the recruiting, training, certification and continuing education program, the AMC handles these day to day operations and responsibilities:
Because we use an Association Management company, AWBA is able to operate without continual fund raising. |
Membership Fee: $3,000 |
Paid to Mentor for Bonus $2,250-$2,500 |
Dues: $50.00 |
Minus Expenses |
Where does the money go? |
Unrestricted contributions over $100 |
Distributed by board vote |
Unrestricted contributions under $100 Unrestricted contribution is a donation that is not earmarked or restricted |
Pays Expenses |
Restricted Contributions 3rd party makes a donation to pay for a student's membership fee |
Ending Balance Money we have in the bank at the end of the month |
Association Dues |
Total Cash Assets |
Balance to Association Management Company for managing recruiting program |
Balance to Association Management Company |
Restricted Contributions fundraiser |
To the recipient of fundraiser |
Balance to Association Management Company for managing recruiting program |
Paid to Mentor for Bonus $2,250-$2,500 |