Where Your $ Goes
Have you ever wondered where the support you contribute to Refuge Radio goes? Well wonder no more! In an attempt to be open and honest about the finances at this ministry, below you will find our budget as well as our income needs.
Where the $$ comes from:
Current ongoing monthly givers- $142,416
One time gifts this year- $33,341
Other Non support based Income- 10,300
TOTAL projected income 2015- $186,057
TOTAL cost to operate (Annual)- $258,000
As you can see, with our current giving level where it’s at it leaves $71,943 still needing to be raised for our fiscal year end, June 1st 2016.
Since we do a fundraising event in the spring and the fall we need to raise at least 1/2 that amount now during our fall pledge drive. That is the reason we have set our fall pledge drive goal at $40.000.00.
Where the $$ goes:
Staff Salaries- $124,000
Administrative Costs- $2200
Web Streaming & Internet- $3468
Annual Music Rights and Licensing- $3400
Satellite Up-link- $19,800