Thanks for sharing this. I would be interested to see a more detailed pie chart on the 2023 expenditures. Approximately half the expenses (1.5 million dollars) spent on "Membership & Admin". What does that mean exactly?
To answer your question, the "Membership & Admin" slide covers:
- General admin (software, bank fees, meeting rooms etcetera)
- Legal and professional fees
- Marketing services & tooling
- Events (travel and sponsorship, primarily the latter)
- Salaries, benefits, payroll taxes, & payroll service provider fees.
- Membership and donor acquisition
I'll ask in Zulip if a more detailed breakdown is available. Inferring by exclusion from the other categories, it's likely the cost of the staff, such as payroll, travel and related expenses.