Sponsorship and Finances report for November and December 2016

Here’s that weekly monthly update on the payments and income for WordPress community events that we now post monthly. (You’d be amazed at how much more efficient it is to do this report on a monthly basis.) This report might get more elaborate as we get the time to build more tools around financial reporting (currently it’s quite, very, extremely manual), so if there’s a level of detail we’re not providing that you’d like to see, please mention it in the comments!

In the month of November 2016, here’s what came in:

Ticket revenue via PayPal: $45,440.79 USD (1,128 total tickets )
Sponsorship income via wire transfer: $38,077.46 USD
Sponsorship income via check: $37,450.00 USD
Sponsorship income via PayPal: $21,030.31 USD

Total revenue (in USD): $141,998.53

As for invoicing in this period:

We sent 33 invoices to local sponsors.
Of those, 24 invoices have been paid, 1 voided, and 8 invoices are still outstanding.

And in this same period, here’s what went out:

Total number of vendor payments/reimbursements: 21

Total payments (in USD): $173,169.04

In the month of December 2016, here’s what came in:

Ticket revenue via PayPal: $13,909.53 USD (2,199 total tickets )
Sponsorship income via wire transfer: $182,861.68 USD
Sponsorship income via check: $4,814.41 USD
Sponsorship income via PayPal: $12,556.72 USD

We also received a one-time $900,000 equity transfer from WordPress FoundationWordPress Foundation The WordPress Foundation is a charitable organization founded by Matt Mullenweg to further the mission of the WordPress open source project: to democratize publishing through Open Source, GPL software. Find more on wordpressfoundation.org.. This included income from 2015 WordCamps, but also included some “getting started” money for WPCSWordPress Coding Standards A collection of PHP_CodeSniffer rules (sniffs) to validate code developed for WordPress. It ensures code quality and adherence to coding conventions, especially the official standards for WordPress Core. from the Foundation.

Total revenue (in USD): $1,114,142.34

As for invoicing in this period:

We sent 20 invoices to local sponsors.
Of those, 9 invoices have been paid, and 11 invoices are still outstanding.

And in this same period, here’s what went out:

Total number of vendor payments/reimbursements: 64

Total payments (in USD): $642,827.39

As always, if you have any questions, please ask away in the comments! I’ll add the list of Global Sponsorship Grants that were set in this period in a comment, later today. 🙂

#finance