Minutes
Western State Public Radio Board of Directors
Conference Call 1/13/10
Attendance: Stankavich, Holp, Mara, Hess
Meeting called to order by Chairman Stankavich at 8am PST
Financial
report:
All of the revenue is
in from our November 2009 conference. Renewals will start to come in to the WSPR
account starting this month. Six months into our fiscal year, we are in good
shape financially.
Unless we have some legal expenses, the only significant expenditures
between now and the end of the fiscal year will be for travel to NPR Board
meetings. We should end the year
with a positive balance. See
financial spreadsheet below :
|
|
|
|
||
|
Financial Report FY09 |
|
|
|
|
|
July 1, 2009 to February 3, 2010 |
|
|
||
|
|
|
|
Actual 2/3/10 |
Budget |
|
Beginning Balance |
|
$9,417.32 |
$9,417.32 |
|
|
|
|
|
|
|
|
Income |
|
|
|
|
|
FY10 Memberships |
|
$9,100.00 |
$9,000.00 |
|
|
2009 Conference Registrations |
$12,400.00 |
$12,550.00 |
||
|
2009 Sponsorships |
|
$5,450.00 |
$5,450.00 |
|
|
Bank Interest |
|
$1.44 |
$0.00 |
|
|
FY11 Memberships |
|
$0.00 |
$0.00 |
|
|
Total Income |
|
$26,951.44 |
$27,000.00 |
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
2009 Conference Expenses |
$14,993.84 |
$16,000.00 |
||
|
2010 Conference Expenses |
$0.00 |
$0.00 |
||
|
Travel |
|
|
$1,339.56 |
$6,000.00 |
|
Administrative Expenses |
$105.99 |
$4,000.00 |
||
|
Total Expenses |
|
$16,439.39 |
$26,000.00 |
|
|
|
|
|
|
|
|
Ending Balance |
|
$19,929.37 |
$10,417.32 |
|
|
|
|
|
|
|
|
*note: $1000 in FY09 Conference expenses occurred in FY09. |
||||
New
rules of incorporation for WSPR: Holp
updated the board on the process of drawing up filing of incorporation of as a
501c3 with the IRS. Currently WSPR
is registered as a corporation in
Given the uncertain status of RMCPB, do we want to be a formal 501 (c)(3) corporation standing alone or do we want to join with another non-profit and file under their status? It was agreed by the board to ask appropriate member stations if WSPR could secure fiscal sponsorship from an existing 501(c)(3) organization. This would be a good alternative to WSPR instead of filing for separate 501 (c) status; the organization would save valuable time and money.
Planning for upcoming conference:
Holp mentioned that she will be looking at a new technology offered by her University to host web conferences. This technology might be a very cost effective ways to convene the membership at least twice a year. This might make WSPR more relevant to the membership by holding more frequent discussions on the state of our stations and public radio in general.
Conference Survey:
Stankavich presented a sample Survey Monkey survey to go out to the membership. The board had a chance to comment on the draft survey. Changes will be made to the survey and then sent out to the membership.
Possible
early agenda items for the conference:
The board affirmed an earlier suggestion of holding a regional version of the Knight Foundation seminar on local and regional journalism in conjunction with this fall’s WSPR conference. The board will begin to look at conference agenda in more detail in future board meetings.
Next board mtg. scheduled for: 3/5 @ 1:00 p.m. MST
Respectfully submitted,
John Hess, Secretary