Event:2015/01/14 Finance Working Group

• Tom state farm et al
  • All insurance paid up through end of June
  • Thomas to send receipts to finance list
  • Black Hole still outstanding
  • MPM needs insurance
  • Need to require martial arts / yoga / dance people to have insurance. Need a collective to take on insurance for Disco Room.
  • Bill collectives for insurance - give option to pay monthly installment (Sarah)
• Projectionals / Actuals
  • Need to have a work meeting on a weekend morning over coffee to dig into this project--this info will inform our decision to become nonprofit as omni, as another org, or to use a fiscal sponsor. We'll also use this information to inform repayment plans for loans and for repaying Jesse once we understand our monthly expenses. Meeting Saturday morning from 11-2pm to do actuals.
• NonProfit Stuff
  • Waiting on Projections / Actuals
• High Yield Savings Account
  • 15k after Indiegogo ends
• Savings Account for Arnas loan repayment
  • $500/mo
• Brel loan repayment
  • $250/mo
• In the checking account: $10,317.13. In the savings account: $15,000
• Fiscal Sponsor
  • Talk to Intersection for the Arts (Amgo) and Noisebridge (DK / Sudo?) about setting up back-up fiscal sponsorship
• Quickbooks Subscription
  • $13.99/mo for 6mo, then $19.99/mo
    • Yes! Niki will sign us up this week (niki is a babe)

Next Week

• How the Omni Operates Puppet Show!
• Make a re-imbursement form (Amgo)
• Organizing Financial Documents