Quizbowl Budget
FY2015 (July 1, 2014 - June 30, 2015)
Quizbowl is an organization centered around trivia (i.e. college bowl, academic team). We play all varieties of trivia games ranging from those of an academic nature to those focusing on popular culture. We frequently travel to other universities to participate in tournaments.
JFC Rep: Divya Kothandapani (dkothand)
Summary
| Requested | |
|---|---|
| Expenditures | $4,685.00 |
| Capital | $0.00 |
| Revenue | ($2,180.00) |
| Final | $2,505.00 |
| Recommended | |
|---|---|
| Expenditures | $4,605.00 |
| Capital | $0.00 |
| Revenue | ($2,180.00) |
| Final | $2,425.00 |
| Final | |
|---|---|
| Expenditures | $4,605.00 |
| Capital | $0.00 |
| Revenue | ($2,180.00) |
| Debt | ($0.00) |
| Rollover | ($251.00) |
| Total Subsidy | $2,425.00 |
| FY15 Starting Balance | $2,676.00 |
Debt/Rollover Explanation:
Income and Revenue
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Revenue-Donations/Other Income (-) | $0.00 | $0.00 | $0.00 |
“The JFC will fund hotels and travel with a cap at $150 per hotel room per night per four people, and a total cap of $250 per person traveling for the year.” |
| Sub-Total | $0.00 | $0.00 | $0.00 |
Mellon Bowl (fall high school tournament)
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Ops-Event Supplies (+) | $355.00 | $355.00 | $355.00 |
Purchase of questions from National Academic Quiz Tournaments (NAQT). $85 base fee plus $15 per team. Assume 18 teams. $355.00 brought in by Mellon Bowl registration fees revenue. |
| Revenue-Donations/Other Income (-) | $990.00 | $990.00 | $990.00 |
Registration fees for tournament. These vary for each team according to different discounts for which they may qualify. Income from last year's Mellon Bowl was about $55 per team. Assume 18 teams. Revenue will cover NAQT purchase (355) + Trophies (60) + Refreshments for Tournament (70) = $485 |
| Ops-Gifts and Prizes (+) | $60.00 | $60.00 | $60.00 |
Trophies for top two teams. Estimate $30 per trophy. $60.00 brought in by Mellon Bow registration fees revenue. |
| Food-Refreshments for Events (+) | $70.00 | $70.00 | $70.00 |
Tournaments last from early morning to mid or late afternoon. We provide pizza for tournament staff as a small compensation and as incentive to participate. $70.00 brought in by Mellon Bowl registration fees revenue. |
| Sub-Total | -$505.00 | -$505.00 | -$505.00 |
Spring high school tournament
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Ops-Event Supplies (+) | $355.00 | $355.00 | $355.00 |
Purchase of questions from National Academic Quiz Tournaments (NAQT). $85 base fee plus $15 per team. Assume 18 teams. $355.00 brought in by Spring high school tournament registration fees revenue. |
| Revenue-Donations/Other Income (-) | $990.00 | $990.00 | $990.00 |
Registration fees for tournament. These vary for each team according to different discounts for which they may qualify. Based on the field so far for this year's (3/2014) tournament, we again expect $55 per team from 18 teams. Revenue will cover NAQT purchase (355) + Trophies (60) + Refreshments for Tournament (70) = $485 |
| Ops-Gifts and Prizes (+) | $60.00 | $60.00 | $60.00 |
Trophies for top two teams. Estimate $30 per trophy. $60 brought in by Spring high school tournament registration fees revenue. |
| Food-Refreshments for Events (+) | $70.00 | $70.00 | $70.00 |
Tournaments last from early morning to mid or late afternoon. We provide pizza for tournament staff as a small compensation and as incentive to participate. $70 brought in by Spring high school tournament registration fees revenue. |
| Sub-Total | -$505.00 | -$505.00 | -$505.00 |
Collegiate Novice Tournament
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Revenue-Donations/Other Income (-) | $200.00 | $200.00 | $200.00 |
Estimated income from registration fees. This event would largely be for recruitment, with anyone from CMU likely playing for free. Based on a survey of last year's collegiate novice sites, we can expect about 15 players from outside of CMU, each paying a $15 fee. Minus discounts (e.g. for brining buzzers), this would total about $200. Revenue will cover cost of questions for event = $75. |
| Ops-Event Supplies (+) | $75.00 | $75.00 | $75.00 |
Cost of questions. Based on 15 players, $5 per player. $75 brought in by Collegiate Novice tournament registration fees revenue. |
| Sub-Total | -$125.00 | -$125.00 | -$125.00 |
Tournament registration fees
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Ops-Registration and Tournaments (+) | $910.00 | $910.00 | $910.00 |
We aim to compete at six regular season tournaments (about $110 each) plus the 2015 Intercollegiate Championship Tournament (ICT; likely $250). |
| Sub-Total | $910.00 | $910.00 | $910.00 |
Travel expenses
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Travel-Hotel and Lodging (+) | $680.00 | $600.00 | $600.00 |
Some tournaments are far enough that we will need hotel rooms. Estimate $170 per night for four tournaments. |
| Travel-Rental Car (+) | $600.00 | $600.00 | $600.00 |
Approx. $100 per rental, 6 tournaments |
| Travel-Other (+) | $450.00 | $450.00 | $450.00 |
Gas, tolls, and parking. Estimate about $75 per trip, 6 tournaments. |
| Travel-Airfare Domestic (+) | $1,000.00 | $1,000.00 | $1,000.00 |
Airfare to ICT in Atlanta for four players, likely costing $200-$250 per person. |
| Sub-Total | $2,730.00 | $2,650.00 | $2,650.00 |
By Object Code
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Food-Refreshments for Events (+) | $70.00 | $70.00 | $70.00 | Tournaments last from early morning to mid or late afternoon. We provide pizza for tournament staff as a small compensation and as incentive to participate. |
| Food-Refreshments for Events (+) | $70.00 | $70.00 | $70.00 | Tournaments last from early morning to mid or late afternoon. We provide pizza for tournament staff as a small compensation and as incentive to participate. |
| Ops-Event Supplies (+) | $355.00 | $355.00 | $355.00 | Purchase of questions from National Academic Quiz Tournaments (NAQT). $85 base fee plus $15 per team. Assume 18 teams. |
| Ops-Event Supplies (+) | $355.00 | $355.00 | $355.00 | Purchase of questions from National Academic Quiz Tournaments (NAQT). $85 base fee plus $15 per team. Assume 18 teams. |
| Ops-Event Supplies (+) | $75.00 | $75.00 | $75.00 | Cost of questions. Based on 15 players, $5 per player. |
| Ops-Gifts and Prizes (+) | $60.00 | $60.00 | $60.00 | Trophies for top two teams. Estimate $30 per trophy. |
| Ops-Gifts and Prizes (+) | $60.00 | $60.00 | $60.00 | Trophies for top two teams. Estimate $30 per trophy. |
| Ops-Registration and Tournaments (+) | $910.00 | $910.00 | $910.00 | We aim to compete at six regular season tournaments (about $110 each) plus the 2015 Intercollegiate Championship Tournament (ICT; likely $250). |
| Revenue-Donations/Other Income (-) | $990.00 | $990.00 | $990.00 | Registration fees for tournament. These vary for each team according to different discounts for which they may qualify. Income from last year's Mellon Bowl was about $55 per team. Assume 18 teams. |
| Revenue-Donations/Other Income (-) | $0.00 | $0.00 | $0.00 | |
| Revenue-Donations/Other Income (-) | $990.00 | $990.00 | $990.00 | Registration fees for tournament. These vary for each team according to different discounts for which they may qualify. Based on the field so far for this year's (3/2014) tournament, we again expect $55 per team from 18 teams. |
| Revenue-Donations/Other Income (-) | $200.00 | $200.00 | $200.00 | Estimated income from registration fees. This event would largely be for recruitment, with anyone from CMU likely playing for free. Based on a survey of last year's collegiate novice sites, we can expect about 15 players from outside of CMU, each paying a $15 fee. Minus discounts (e.g. for brining buzzers), this would total about $200. |
| Travel-Airfare Domestic (+) | $1,000.00 | $1,000.00 | $1,000.00 | Airfare to ICT in Atlanta for four players, likely costing $200-$250 per person. |
| Travel-Hotel and Lodging (+) | $680.00 | $600.00 | $600.00 | Some tournaments are far enough that we will need hotel rooms. Estimate $170 per night for four tournaments. |
| Travel-Other (+) | $450.00 | $450.00 | $450.00 | Gas, tolls, and parking. Estimate about $75 per trip, 6 tournaments. |
| Travel-Rental Car (+) | $600.00 | $600.00 | $600.00 | Approx. $100 per rental, 6 tournaments |
By Ocode
| Requested | |
|---|---|
| Food-Refreshments for Events | $140.00 |
| Ops-Event Supplies | $785.00 |
| Ops-Gifts and Prizes | $120.00 |
| Ops-Registration and Tournaments | $910.00 |
| Revenue-Donations/Other Income | $2,180.00 |
| Travel-Airfare Domestic | $1,000.00 |
| Travel-Hotel and Lodging | $680.00 |
| Travel-Other | $450.00 |
| Travel-Rental Car | $600.00 |
| Recommended | |
|---|---|
| Food-Refreshments for Events | $140.00 |
| Ops-Event Supplies | $785.00 |
| Ops-Gifts and Prizes | $120.00 |
| Ops-Registration and Tournaments | $910.00 |
| Revenue-Donations/Other Income | $2,180.00 |
| Travel-Airfare Domestic | $1,000.00 |
| Travel-Hotel and Lodging | $600.00 |
| Travel-Other | $450.00 |
| Travel-Rental Car | $600.00 |
| Final | |
|---|---|
| Food-Refreshments for Events | $140.00 |
| Ops-Event Supplies | $785.00 |
| Ops-Gifts and Prizes | $120.00 |
| Ops-Registration and Tournaments | $910.00 |
| Revenue-Donations/Other Income | $2,180.00 |
| Travel-Airfare Domestic | $1,000.00 |
| Travel-Hotel and Lodging | $600.00 |
| Travel-Other | $450.00 |
| Travel-Rental Car | $600.00 |
Summary
| Requested | |
|---|---|
| Expenditures | $4,685.00 |
| Capital | $0.00 |
| Revenue | ($2,180.00) |
| Final | $2,505.00 |
| Recommended | |
|---|---|
| Expenditures | $4,605.00 |
| Capital | $0.00 |
| Revenue | ($2,180.00) |
| Final | $2,425.00 |
| Final | |
|---|---|
| Expenditures | $4,605.00 |
| Capital | $0.00 |
| Revenue | ($2,180.00) |
| Debt | ($0.00) |
| Rollover | ($251.00) |
| Total Subsidy | $2,425.00 |
| FY15 Starting Balance | $2,676.00 |
Debt/Rollover Explanation: