At our first quarterly report to you in April, we were running about 9% behind in income, meaning our actual income was 9% less than what we budgeted. We did well in managing our expenses - we hit the budget target pretty much right on.
Since then, good news! - our income has slowly increased - we are now running only about 5% behind our budget, but our expenses have also increased, due to in part to the rising costs of doing business (our insurance has increased, as one example) repair costs (two a/c units needed repair this quarter) and also a onetime technology expense (important because of our strong online audience).
The board is responding to this shortfall with some fundraising efforts - the Masquerade Ball as one way, as well as seeking grants, one of which we have received which will allow us to replace our air conditioning units which have served us well beyond their normal service life.
Our thanks to all of you for your regular, consistent support of your spiritual community. No matter the amount, your gifts, rooted in your generosity, love and intention for this community to continue to welcome, inspire and teach all who walk through our doors, will allow us to prosper exponentially in ways we have yet to imagine.
