CMU Bhangra Budget

FY2015 (July 1, 2014 - June 30, 2015)

JFC Rep: Jalen Poteat (jalenw)

Summary

Requested
Expenditures $9,627.00
Capital $0.00
Revenue ($5,130.00)
Final $4,497.00
Recommended
Expenditures $9,627.00
Capital $0.00
Revenue ($5,130.00)
Final $4,497.00
Final
Expenditures $9,627.00
Capital $0.00
Revenue ($5,130.00)
Debt ($0.00)
Rollover ($813.86)
Total Subsidy $4,497.00
FY15 Starting Balance $5,310.86

Debt/Rollover Explanation:

Income and Revenue

Object Code Requested Recommended Final Description
Revenue-Membership Dues (-) $1,980.00 $1,980.00 $1,980.00

33 members, $60 per member for year-long dues

Revenue-Fundraising Income (-) $300.00 $300.00 $300.00

Will have two Samosa sale fundraisers a semester, where we sell 300 samosas for $1.00 each. Each samosa is $0.50 for purchase so the expected revenue is $150 from each sale.

covers uniform costs

Revenue-Fundraising Income (-) $450.00 $450.00 $450.00

All You Can Eat Maggie Night- February- Will charge $5 for all you can eat Maggie. Each Maggie costs $1 to buy and expect to sell 300 packets with each person consuming about 2. Expect to make $450 profit.

covers uniform costs

Revenue-Fundraising Income (-) $300.00 $300.00 $300.00

Bhangra Workshop- charge $7 for afternoon weekend event which would include- hour teaching of Bhangra choreography, t-shirt sales (expect to sell 20 shirts- $15 each), free Indian snacks and desserts. Cold Stone vendor- would get portion of profits. Expect 50 people to attend.

Revenue-Fundraising Income (-) $100.00 $100.00 $100.00

Kulfi Sale: Sell Indian "ice creams" for $1 each. Will purchase 200 kulfis where each kulfi will be purchased for $1, so we have an expected revenue of $100.

Revenue-Donations/Other Income (-) $1,000.00 $1,000.00 $1,000.00

Money won from competitions.

Revenue-Outside Funding (-) $1,000.00 $1,000.00 $1,000.00

4 performances during the year, charged from $150 - $500 per performance depending on number of dancers requested.

Sub-Total -$5,130.00 -$5,130.00 -$5,130.00

Bhangra at the Bell- March 2nd Philly

Object Code Requested Recommended Final Description
Ops-Registration and Tournaments (+) $150.00 $150.00 $150.00

Non-refundable application fee due to the organization to submit an application for the competition.

Ops-Registration and Tournaments (+) $425.00 $425.00 $425.00

Non-refundable fee due to the organization to confirm CMU Bhangra's participation in the competition and cover each member's ticket costs.

Travel-Gas (+) $375.00 $375.00 $375.00

Amount expected to spend by the team in gas money to drive to and from the competition. The team will be driving their own cars.

Travel-Hotel and Lodging (+) $550.00 $550.00 $550.00

Amount spent by team for two rooms for two nights each while at the competition. Each room is $120 x 2 nights = $240 without tax for one room.

Sub-Total $1,500.00 $1,500.00 $1,500.00

MCB Bhangra Competition- Feb 22 Detroit

Object Code Requested Recommended Final Description
Ops-Registration and Tournaments (+) $100.00 $100.00 $100.00

Non-refundable application fee due to the organization to submit an application for the competition.

Ops-Registration and Tournaments (+) $450.00 $450.00 $450.00

Non-refundable fee due to the organization to confirm CMU Bhangra's participation in the competition and cover each member's ticket costs.

Travel-Gas (+) $640.00 $640.00 $640.00

Cost of gas for 4 cars from Pittsburgh to Detroit and back.

Travel-Hotel and Lodging (+) $820.00 $820.00 $820.00

Cost of 3 rooms for 2 nights each. Each room is $120 per night. With tax each room is $274 for two nights.

Sub-Total $2,010.00 $2,010.00 $2,010.00

TDot- Nov 16th Toronto

Object Code Requested Recommended Final Description
Ops-Registration and Tournaments (+) $470.00 $470.00 $470.00

Non-refundable fee due to the organization to confirm CMU Bhangra's participation in the competition and cover each member's ticket costs.

Ops-Registration and Tournaments (+) $50.00 $50.00 $50.00

Non-refundable registration fee due to the organization to submit an application for the competition.

Travel-Hotel and Lodging (+) $662.00 $662.00 $662.00

Cost of 3 rooms for 2 nights each. Each room was $99 CAD. With tax each room was $230 for 2 nights (CAD). Also there was a $14 CAD charge for car parking. All together the price was $662 USD.

Travel-Gas (+) $480.00 $480.00 $480.00

Cost of gas for 6 cars from Pittsburgh to Toronto and back.

Sub-Total $1,662.00 $1,662.00 $1,662.00

Other Expenses

Object Code Requested Recommended Final Description
Ops-Registration and Tournaments (+) $300.00 $300.00 $300.00

Costs of application fees to additional competitions which we either were not accepted to or unable to attend after acceptance. Average amount is $100 for 3 additional competitions.

Equip-Clothing (+) $160.00 $160.00 $160.00

Dry cleaning for costumes.

Ops-Equipment Repair (+) $50.00 $50.00 $50.00

New cloths for Khunde (dance props) and new ramaals (part of our dance costumes).

Equip-Uniforms (+) $930.00 $930.00 $930.00

2 New sets of Vaardi (traditional dance costumes) ordered and shipped from India. Traditional Bhangra costumes are not sold in America and must be bought in India. These new costumes were for 8 dancers. Needed because some of the old costumes were dirty.

jfc will subsidize 25%

Sub-Total $1,440.00 $1,440.00 $1,440.00

Nach Ke Dikha- March 30 Williamsburg, VA

Object Code Requested Recommended Final Description
Ops-Registration and Tournaments (+) $150.00 $150.00 $150.00

Non-refundable application fee due to the organization to submit an application for the competition.

Ops-Registration and Tournaments (+) $320.00 $320.00 $320.00

Non-refundable fee due to the organization to confirm CMU Bhangra's participation in the competition and cover each member's ticket costs.

Travel-Gas (+) $375.00 $375.00 $375.00

Amount expected to spend by the team in gas money to drive to and from the competition. The team will be using their own cars to save expenses.

Travel-Hotel and Lodging (+) $720.00 $720.00 $720.00

Amount spent by team for 3 rooms for two nights each while at the competition. Each room is $120 x 2 nights = $240 without tax for one room.

Sub-Total $1,565.00 $1,565.00 $1,565.00

Bhangra Blowout- April 5th DC

Object Code Requested Recommended Final Description
Ops-Registration and Tournaments (+) $50.00 $50.00 $50.00

Non-refundable application fee due to the organization to submit an application for the competition.

Ops-Registration and Tournaments (+) $400.00 $400.00 $400.00

Non-refundable fee due to the organization to confirm CMU Bhangra's participation in the competition and cover each member's ticket costs.

Travel-Gas (+) $300.00 $300.00 $300.00

Amount expected to spend by the team in gas money to drive to and from the competition. The team will be using their own cars to save expenses.

Travel-Hotel and Lodging (+) $700.00 $700.00 $700.00

Amount spent by team for 3 hotel rooms for two nights.

Sub-Total $1,450.00 $1,450.00 $1,450.00

By Object Code

Object Code Requested Recommended Final Description
Equip-Clothing (+) $160.00 $160.00 $160.00 Dry cleaning for costumes.
Equip-Uniforms (+) $930.00 $930.00 $930.00 2 New sets of Vaardi (traditional dance costumes) ordered and shipped from India. Traditional Bhangra costumes are not sold in America and must be bought in India. These new costumes were for 8 dancers. Needed because some of the old costumes were dirty.
Ops-Equipment Repair (+) $50.00 $50.00 $50.00 New cloths for Khunde (dance props) and new ramaals (part of our dance costumes).
Ops-Registration and Tournaments (+) $300.00 $300.00 $300.00 Costs of application fees to additional competitions which we either were not accepted to or unable to attend after acceptance. Average amount is $100 for 3 additional competitions.
Ops-Registration and Tournaments (+) $150.00 $150.00 $150.00 Non-refundable application fee due to the organization to submit an application for the competition.
Ops-Registration and Tournaments (+) $425.00 $425.00 $425.00 Non-refundable fee due to the organization to confirm CMU Bhangra's participation in the competition and cover each member's ticket costs.
Ops-Registration and Tournaments (+) $100.00 $100.00 $100.00 Non-refundable application fee due to the organization to submit an application for the competition.
Ops-Registration and Tournaments (+) $450.00 $450.00 $450.00 Non-refundable fee due to the organization to confirm CMU Bhangra's participation in the competition and cover each member's ticket costs.
Ops-Registration and Tournaments (+) $470.00 $470.00 $470.00 Non-refundable fee due to the organization to confirm CMU Bhangra's participation in the competition and cover each member's ticket costs.
Ops-Registration and Tournaments (+) $50.00 $50.00 $50.00 Non-refundable registration fee due to the organization to submit an application for the competition.
Ops-Registration and Tournaments (+) $150.00 $150.00 $150.00 Non-refundable application fee due to the organization to submit an application for the competition.
Ops-Registration and Tournaments (+) $320.00 $320.00 $320.00 Non-refundable fee due to the organization to confirm CMU Bhangra's participation in the competition and cover each member's ticket costs.
Ops-Registration and Tournaments (+) $50.00 $50.00 $50.00 Non-refundable application fee due to the organization to submit an application for the competition.
Ops-Registration and Tournaments (+) $400.00 $400.00 $400.00 Non-refundable fee due to the organization to confirm CMU Bhangra's participation in the competition and cover each member's ticket costs.
Revenue-Donations/Other Income (-) $1,000.00 $1,000.00 $1,000.00 Money won from competitions.
Revenue-Fundraising Income (-) $300.00 $300.00 $300.00 Will have two Samosa sale fundraisers a semester, where we sell 300 samosas for $1.00 each. Each samosa is $0.50 for purchase so the expected revenue is $150 from each sale.
Revenue-Fundraising Income (-) $450.00 $450.00 $450.00 All You Can Eat Maggie Night- February- Will charge $5 for all you can eat Maggie. Each Maggie costs $1 to buy and expect to sell 300 packets with each person consuming about 2. Expect to make $450 profit.
Revenue-Fundraising Income (-) $300.00 $300.00 $300.00 Bhangra Workshop- charge $7 for afternoon weekend event which would include- hour teaching of Bhangra choreography, t-shirt sales (expect to sell 20 shirts- $15 each), free Indian snacks and desserts. Cold Stone vendor- would get portion of profits. Expect 50 people to attend.
Revenue-Fundraising Income (-) $100.00 $100.00 $100.00 Kulfi Sale: Sell Indian "ice creams" for $1 each. Will purchase 200 kulfis where each kulfi will be purchased for $1, so we have an expected revenue of $100.
Revenue-Membership Dues (-) $1,980.00 $1,980.00 $1,980.00 33 members, $60 per member for year-long dues
Revenue-Outside Funding (-) $1,000.00 $1,000.00 $1,000.00 4 performances during the year, charged from $150 - $500 per performance depending on number of dancers requested.
Travel-Gas (+) $375.00 $375.00 $375.00 Amount expected to spend by the team in gas money to drive to and from the competition. The team will be driving their own cars.
Travel-Gas (+) $640.00 $640.00 $640.00 Cost of gas for 4 cars from Pittsburgh to Detroit and back.
Travel-Gas (+) $480.00 $480.00 $480.00 Cost of gas for 6 cars from Pittsburgh to Toronto and back.
Travel-Gas (+) $375.00 $375.00 $375.00 Amount expected to spend by the team in gas money to drive to and from the competition. The team will be using their own cars to save expenses.
Travel-Gas (+) $300.00 $300.00 $300.00 Amount expected to spend by the team in gas money to drive to and from the competition. The team will be using their own cars to save expenses.
Travel-Hotel and Lodging (+) $550.00 $550.00 $550.00 Amount spent by team for two rooms for two nights each while at the competition. Each room is $120 x 2 nights = $240 without tax for one room.
Travel-Hotel and Lodging (+) $820.00 $820.00 $820.00 Cost of 3 rooms for 2 nights each. Each room is $120 per night. With tax each room is $274 for two nights.
Travel-Hotel and Lodging (+) $662.00 $662.00 $662.00 Cost of 3 rooms for 2 nights each. Each room was $99 CAD. With tax each room was $230 for 2 nights (CAD). Also there was a $14 CAD charge for car parking. All together the price was $662 USD.
Travel-Hotel and Lodging (+) $720.00 $720.00 $720.00 Amount spent by team for 3 rooms for two nights each while at the competition. Each room is $120 x 2 nights = $240 without tax for one room.
Travel-Hotel and Lodging (+) $700.00 $700.00 $700.00 Amount spent by team for 3 hotel rooms for two nights.

By Ocode

Requested
Equip-Clothing $160.00
Equip-Uniforms $930.00
Ops-Equipment Repair $50.00
Ops-Registration and Tournaments $2,865.00
Revenue-Donations/Other Income $1,000.00
Revenue-Fundraising Income $1,150.00
Revenue-Membership Dues $1,980.00
Revenue-Outside Funding $1,000.00
Travel-Gas $2,170.00
Travel-Hotel and Lodging $3,452.00
Recommended
Equip-Clothing $160.00
Equip-Uniforms $930.00
Ops-Equipment Repair $50.00
Ops-Registration and Tournaments $2,865.00
Revenue-Donations/Other Income $1,000.00
Revenue-Fundraising Income $1,150.00
Revenue-Membership Dues $1,980.00
Revenue-Outside Funding $1,000.00
Travel-Gas $2,170.00
Travel-Hotel and Lodging $3,452.00
Final
Equip-Clothing $160.00
Equip-Uniforms $930.00
Ops-Equipment Repair $50.00
Ops-Registration and Tournaments $2,865.00
Revenue-Donations/Other Income $1,000.00
Revenue-Fundraising Income $1,150.00
Revenue-Membership Dues $1,980.00
Revenue-Outside Funding $1,000.00
Travel-Gas $2,170.00
Travel-Hotel and Lodging $3,452.00

Summary

Requested
Expenditures $9,627.00
Capital $0.00
Revenue ($5,130.00)
Final $4,497.00
Recommended
Expenditures $9,627.00
Capital $0.00
Revenue ($5,130.00)
Final $4,497.00
Final
Expenditures $9,627.00
Capital $0.00
Revenue ($5,130.00)
Debt ($0.00)
Rollover ($813.86)
Total Subsidy $4,497.00
FY15 Starting Balance $5,310.86

Debt/Rollover Explanation: