Funds

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Commitee Fund Reports and Board Approved Expenditure Tracking have moved to the bottom of the monthly board meeting notes. The intention of this change is to make the information more accessible and increase awareness. This page will not be updated going forward.

Benjamin Groves is the current Dallas Makerspace Treasurer and initiated this change. [email protected]

The Makerspace uses different funds to keep track of the funds belonging to each of the makerspace's committees or projects.

This page has a link to a report with the current balance of each fund and a brief explanation for some of the funds.

If you have questions about events or a report, e-mail the treasurer directly at [email protected].

  • End Of June 2014
    • Changes In Funds Report
    • $68,503.78 currently in the General Fund.
    • Spent approx. $25,925 from the Future Build-out Fund on Space Build-out
    • Deposited $895 into Laser Cutter Operations Fund
    • Deposited $623.50 into 3d Printer Operations Fund
    • Automotive Committee spent $588.25 on repair costs for space minivan
    • Laser Cutter Operations fund spent $1,117.25 on replacement laser tube + wiring
    • $255.75 in donations to Future Build-out Fund
    • $300 in donations to the Mill committee
    • Transferred $276.16 from finished CAD/CAM PC project to the Mill Committee
    • Deposited $88.77 for final T-Shirt sales into Screen Printing Operations Fund
    • Postponed monthly cleaning crew payment (Adds $400 to Operations and Facilities Committee until this is paid next month)
  • End Of May 2014
    • Changes In Funds Report
    • $40,696.99 currently in the General Fund.
    • We added $2,934 in donations to the Future Build-Out Fund.
    • Creative arts committee spent $250 on a SSD for their video editing computer.
    • Workshop Committee spent $413.93 on gas tanks and refills from airgas.
    • Mill Committee spent $239.10 on CNCcookbook software and $519.28 on HAAS Mill Simulator (which received $155 in donations and used $300 in director funds).
    • $277.64 was spent from the Premium Class fund on the Kinetic Sculpture Class and the Silicon Mold Making classes.
  • End Of Apr 2014
    • Changes In Funds Report
    • $38,999.17 currently in the General Fund.
    • Reimbursed Ben Groves for lemons race spending from the Automotive Committee fund for $1,096.11.
    • The creative arts committee received a $300 allocation from the board and spent $371.89 on tools and supplies.
    • $517.38 was spent on shirts from the Screen Printing Operations fund for fundraising.
    • Workshop purchased safety glasses ($192.75), materials to improve the sand blaster ($196.94), cameras ($179.98), and a cordless spiral saw ($119.91).
    • $206.40 was spent from the Premium Class fund on "Kinetic Sculpture" and "Silver Metal Clay" classes.
    • $1,570.02 was spent from the File Server project fund (out of $1600).
    • Justin Keiser was awarded 3 months of membership from the Maker Fellowship fund.
  • End Of Mar 2014
    • Changes In Funds Report
    • $25,430.11 currently in the General Fund.
    • New $1,600 project fund for file server. (Approved spending from board meeting on 3/28/2014)
    • $3,476.93 of reimbursement was issued to Allen and Chuck from the Automotive Committee fund (for lemons race).
    • The board added $300 to the Creative Arts Committee Fund.
    • Creative Arts Committee spent $973.84 on a second computer.
    • $973.84 was spent on a design computer for the mill. There is $276.16 left from the board allocation for the mill computer.
    • Robert's donations were moved from "Project - Sentry Gun" to "Robert's GET-R-DONE Fund" at his request.
    • $583 in t-shirt sales went to the Screen Printing Operations Fund.
    • Added an agenda item to the board meeting on 4/20 to fix the financial committee overspending.
  • End Of Feb 2014
    • Changes In Funds Report
    • Have started to audit approved/allocated funds: Approved Spending Page
      • Found insurance overspending in 2012. (Approved at board meeting on 3/28/2014)
      • Found $10 mistake in "Project - HF Transceiver", accidentally sent too much back to the general fund.
      • Found $200 allocated for CPA advice. Created new "Project - CPA for Treasurer" fund.
    • $77.27 left in "Project - Mill" after $650.34 more in spending.
    • Operations and facilities fund nearly depleted after $260 in spending on plumbing services.
    • New Mill Committee fund with initial board allocation of $400 for training supplies.
    • $21,000 in the "Project - Future Build-Out Fund" after board allocation of $12,000.
    • $4,500 in donations to the Automotive Committee for Lemons Race. (includes $2,500 donation from Jacob Bringas)
    • $1,000 increase in Creative Arts Committee after board allocation of $1,000 for a second computer.
    • New $1,250 project fund for CAD/CAM PC board allocation.
  • End Of Jan 2014
    • $727.61 left in "Project - Mill" after $14,992.39 of spending. This includes an additional $500 donation from Richard Bauman in January.
    • Only $8,000 in the "Project - Future Build-Out Fund" (Current lease expires on July 1, 2014)
    • The $50 left in "Project - Cabinet Saw" is a donation from Bob Pflugoft which needs to be spent on a cabinet saw or returned.
    • New "Project - Lemons Race" fund created for $200 in part sales from the lemons race car.
    • $337.29 added to "Workshop Committee Fund" from sales of spare air compressor dryer, old sand blaster, and broken contractor saw
    • $500 fire cabinet was purchased from "Operations and Facilities Fund"
    • $400.41 was spent from the "3d Printer Consumables Fund" on 3d printer filament
  • End Of Dec 2013
    • New "Project - 2nd Laser Cutter" for the $300 in donations for a 2nd laser cutter.
    • $600 in "Project - Wireless Link" returned to General Fund.
    • "Project - Mill" is at $15,220, $7,985 of that was from member donations and $7,235 was from board matching (matching donations up until the board meeting). This includes an additional $1,800 in donations during Dec.
    • Created "Project - New Computers" by separating the funds out of the "Authorized Spending Fund". Found overspending and added an agenda item to the next board meeting.
  • End Of Nov 2013
    • "Unclassified" (General Fund) is at $17,829.19, but this will soon see at least a $5,000 decrease from matching the Mill donations. (also, keep in mind we have a move coming up)
    • $464.86 was returned to the general fund from Halloween party fund.
    • New "Project - Mill" fund with $6,185 worth of donations ($1500 more to come from checks in the mail and another at least $5000 from matching)
    • $1,000 increase in Workshop fund from board allocation.
    • $500 screen printing fund spent on screen printing press and supplies.
  • End Of Oct 2013
    • "Unclassified" (General Fund) is at 14,211.47
    • New $500 fund for Halloween party. Probably needs to be reallocated to general fund as a failed project.
    • New $500 fund for screen printing.
    • Financial committee fund is negative due to an unexpected charge for our billing software.
  • End Of Sept 2013
    • "Unclassified" (General Fund) is at $10,485.08.
    • Snack fund is still in the red. (-325.17)
    • Report includes a deduction of $1,800 for the Polyprinter purchase in Oct.
    • The Authorized Spending Fund is allocated spending which is not divided into "Project" funds, and mostly includes:
      • $376.21 reimbursement for floor spending to Paul Brown
      • $300 for new security cameras
      • $250 for John K's lumber rack project
      • Leftovers from various projects
    • $750 was taken from Powerwheels Race fund and placed in Robert's Security Upgrade Fund (mostly for upgrading the computer recording the camera feeds)
    • The future build-out fund is for the move approximately 9 months away.
    • "Project - Wireless Link" is Andrew's project to establish a wireless link for extremely fast internet.
    • New "Project - Screen Printing" fund is for purchasing screen printing equipment.
    • Maker fellowship fund decreases by $150 because Raymond Casady was awarded a 3 month fellowship.
  • End Of Aug 2013
    • Unclassified = The General Fund
    • The general fund is at approximately $11,666.92 after you subtract the 9983 Monroe Build-Out overspending. (We want to make sure the General Fund has at least 2 months of expenses. So, it's best not to let it get lower than ~8k.)
    • Authorized spending is board/membership approved funding for small projects or individual purchases.
    • The Maker Fellowship Fund is a fund to provide scholarships or pay the membership dues of makers who are unable to pay their dues.
    • "Project - 9983 Monroe Build-Out" went over budget due to the purchase of 3 TVs.
    • "Snack Fund" is $311 over budget and is not making a profit.
    • "Premium Classes Fund" is used to hire teachers to teach classes.
    • "Savings Fund" is only to be used for emergencies or covering the cost of exiting the lease (instead of leaving the signers to pay).
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