By Jamye Sagan, IDL SIG Treasurer
We end 2021 on a steady financial note—we were able to fund all of our activities, plus a little extra for next year. As of December 20, we have a total of $292.92 in our account—$292.92 in our vested funds, and none remaining in community funding. Vested funds can roll over each year, but any remaining community funding will be absorbed back into STC. Therefore, we always spend down our community funding before tapping into our vested funds.
Unlike chapters, special interest groups do not have standalone accounts. Instead, they have sub-accounts directly under the STC umbrella. Because we did not meet again in person at Summit this year, we did not incur as many expenses such as door prizes and business lunch catering.
From September to December, we incurred the following expenses:
- Webinar and workshop stipends
- Zoom annual subscription
As for income, this year we made nearly $100 total from our webinars. These proceeds come from paid attendance from IDL non-members. IDL members and students attend our webinars at no charge.
As of December 20, we are still awaiting approval of our 2022 budget. The Budget Review Committee is still reviewing all STC community budgets; we expect ours to be approved any day now. We take great care to ensure that our funds will benefit as many of our members as possible. Thank you for supporting us, whether by attending our webinars and online events, reading/contributing to our newsletter, or perusing our website.
If you have any questions about SIG finances, please email me at email@example.com.