LIONS Finances - Budgets

Anytown Lions Club – District 2S4

Types of Budgets/AccountsAdministrative or Dues

Charitable, Service

Special Events – could be either Administration or CharitableCabinet, zone or convention, installation banquet

– AdministrativeFundraiser – typically Charitable

Dispel the myth – no funds raised from the public can be directed to administration, EVEN IF you clearly state intent to use as administrative funds… DON’T DO IT.

Anytown Lions –2 Budget Focus

Administration – Club

Income Dues Fines/Split the Pot Member funds

Expenses Dues to International,

State MD2, District 2S4 Board Insurance Member Recognition

Awards Fees, Registrations Postage and office supplies

Charitable – Service

Income Fundraisers Grants Donations

Expenses Fundraising expenses Humanitarian Dues

and Lions Charities Community Services

and charitable activity

The Anytown Lions Club

$15 Dues per month or $180 per year

25 Members22 Regular Members 3 Family Members

Meet Twice Per Month (24x year max)

Let’s talk about dues

Anytown Admin INCOME

AnytownAdminEXPENSE

Administrative Bottom Line

$4,942.50 Income

$4,911.75 Expense

$30.75 Net

It is your board’s fiduciary responsibility to

BUDGET A POSITIVE NET INCOME

Anytown Charitable INCOME

Project budgets would help determine Net Income for Fundraising line items.

AnytownCharityEXPENSE

Charitable Bottom Line

$9,500 Income

$9,221.25 Expense

$278.75 Net

It is your board’s fiduciary responsibility to

BUDGET A POSITIVE NET INCOME

Questions?This presentation as well as a budget workbook containing the fictitious Anytown administrative spreadsheet and charitable spreadsheet will be available in MS Excel format, online for your use/customization at:

www.district2s4lions.org/documents/