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    11-5 Year Proforma As of 11-8-10

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    COAST
    This document contains projected financial information for the National Underground Railroad Freedom Center from 2010 to 2015. It forecasts revenues from sources like admissions, facility rentals, retail sales, and private support from donors, as well as expenses like wages, benefits, and other operating costs. Total revenues are projected to increase each year from $4.8 million in 2010 to $7.7 million in 2015. Expenses are also forecasted to rise but at a slower rate. This leads to projected surpluses each year, growing from $1.1 million in 2011 to $1.8 million in 2015.

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    Download as PDF, TXT or read online from Scribd

    11-5 Year Proforma As of 11-8-10

    Uploaded by

    COAST
    75 views1 page
    This document contains projected financial information for the National Underground Railroad Freedom Center from 2010 to 2015. It forecasts revenues from sources like admissions, facility rentals, retail sales, and private support from donors, as well as expenses like wages, benefits, and other operating costs. Total revenues are projected to increase each year from $4.8 million in 2010 to $7.7 million in 2015. Expenses are also forecasted to rise but at a slower rate. This leads to projected surpluses each year, growing from $1.1 million in 2011 to $1.8 million in 2015.

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    11-5 year proforma as of 11-8-10

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    This document contains projected financial information for the National Underground Railroad Freedom Center from 2010 to 2015. It forecasts revenues from sources like admissions, facility rentals, retail sales, and private support from donors, as well as expenses like wages, benefits, and other operating costs. Total revenues are projected to increase each year from $4.8 million in 2010 to $7.7 million in 2015. Expenses are also forecasted to rise but at a slower rate. This leads to projected surpluses each year, growing from $1.1 million in 2011 to $1.8 million in 2015.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    75 views1 page

    11-5 Year Proforma As of 11-8-10

    Uploaded by

    COAST
    This document contains projected financial information for the National Underground Railroad Freedom Center from 2010 to 2015. It forecasts revenues from sources like admissions, facility rentals, retail sales, and private support from donors, as well as expenses like wages, benefits, and other operating costs. Total revenues are projected to increase each year from $4.8 million in 2010 to $7.7 million in 2015. Expenses are also forecasted to rise but at a slower rate. This leads to projected surpluses each year, growing from $1.1 million in 2011 to $1.8 million in 2015.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    CONFIDENTIAL ‐ NURFC USE ONLY

    National Underground Railroad Forecast Preliminary Projected Projected Projected Projected


    Freedom Center 2010 2011 2012 2013 2014 2015

    Revenues:
    Earned
    Admissions $ 603,340 $ 615,000 $ 627,000 $ 640,000 $ 653,000 $ 666,000
    Facility Rental 160,000 163,000 166,000 169,000 172,000 175,000
    Retail Sales, net 140,000 143,000 146,000 149,000 152,000 155,000
    Membership 45,000 46,000 47,000 48,000 49,000 50,000
    Café 13,000 13,000 13,000 13,000 13,000 13,000
    Total Earned Revenues 961,340 980,000 999,000 1,019,000 1,039,000 1,059,000

    Private Support
    Board Support / Major Gifts 600,000 750,000 1,000,000 1,000,000 1,000,000 1,000,000
    Annual Fund/Individuals 300,000 303,000 306,000 309,000 312,000 315,000
    Corporations 600,000 625,000 650,000 675,000 700,000 725,000
    Foundations 625,000 650,000 675,000 700,000 725,000 750,000
    Released from Restriction - - - - - -
    Special Events - Annual/Minor 27,678 38,900 15,000 15,000 15,000 15,000
    Special Evetns - IFCA/Major 200,000 125,000 125,000 125,000 125,000 125,000
    Total Private Support 2,352,678 2,491,900 2,771,000 2,824,000 2,877,000 2,930,000

    Governmental Support
    Federal (Dept. of Education) 650,000 275,000 - 550,000 550,000 550,000
    Federalization - 3,000,000 3,030,000 3,060,000 3,091,000 3,122,000
    State (Ohio) 854,390 - - - - -
    Local (Cincinnati) - - - - - -
    Total Governmental Support 1,504,390 3,275,000 3,030,000 3,610,000 3,641,000 3,672,000

    Other Programs - Release/old dollars - - - - - -

    Miscellaneous Income 20,000 20,000 20,000 20,000 20,000 20,000

    Total Revenues 4,838,408 6,766,900 6,820,000 7,473,000 7,577,000 7,681,000

    Expenses
    Wages & Benefits 2,686,000 2,704,700 2,732,000 2,759,000 2,787,000 2,815,000
    Other 3,550,200 2,960,700 2,990,000 3,020,000 3,050,000 3,081,000
    Total Expenses 6,236,200 5,665,400 5,722,000 5,779,000 5,837,000 5,896,000

    Total Surplus (Deficit) Before Interest (1,397,792) 1,101,500 1,098,000 1,694,000 1,740,000 1,785,000

    Net Interest Expense


    Investment Income (30,000) (50,000) (50,000) (50,000) (50,000) (50,000)
    Interest Expense 754,000 - - - - -
    Total Net Interest Expense 724,000 (50,000) (50,000) (50,000) (50,000) (50,000)

    Total Surplus (Deficit) $ (2,121,792) $ 1,151,500 $ 1,148,000 $ 1,744,000 $ 1,790,000 $ 1,835,000

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