Annual Report
Note: Gemini Ink operates on a calendric fiscal year, and the following is our most recent annual report, reviewing FY/CY 2010. Annual reports are issued each fall after the completion of the previous year’s audit.
2010 Contributions | Donors and Purchasers of Gala Auction Items | In-Kind and Donated Services | 2009 Assets, Liabilities, Net Assets PDF
Annual Report – 2010 in Review
Thank YOU! Gemini Ink logged another successful year, ending 2010 with a surplus of over $66,000. Although total revenue was lower than in 2009, our net assets increased by 20%, and we served 4,047 participants (87% free of charge) in nearly 100 readings, classes, projects, and events.
How did we do it? As always, with your help:
- Grants and government funding decreased from 2009, but individual and corporate contributions were up by 53% in 2010.
YOU answered the call of our year-end campaign. You may donate for a particular reason – a favorite WIC project, an author who opened your creative tap, a DRT performance that gave life to the people and literature of another era. But you also understand how crucial your support is for all of Gemini Ink’s operations, enabling us to meet our everyday expenses and keep the dedicated staff members who bring you all of these programs.
- Total UWW participants were up by 32%.
YOU took classes, referred your friends, and enrolled aspiring writers in our kids writing camp. You attended events at our home on Presa Street and at SAY Sí, C4 Workspace, ArtPace, and SAMA. You joined the rest of San Antonio at our México 2010 presentations. You traveled from Houston and Austin. You shared your work at our monthly open writers workshop (you volunteered to facilitate that workshop).
- WIC students increased by 13%, and WIC earned income doubled its 2009 level, to just over $22,000.
YOU are the thought leaders in schools and justice settings who recognize that reading and writing help all citizens – traditionally “literary” or not – develop critical thinking skills. You are the funder who eagerly supports them. You are the faculty member who opens the page to teen mothers, battered women, reluctant writers and others who never thought their story was worth telling. You are the students who risked telling your story.
To all of you – our board members, funders, partners, volunteers, students and contributors – we give a rousing round of applause, and our deepest thanks.
Rachel Christilles
Financial Officer
Revenue |
2010 |
2009 |
| Government | 138,449 | 167,301 |
| Grants | 137,299 | 147,277 |
| Contributions/Fundraisers | 49,636 | 52,016 |
| Program Fees | 62,049 | 53,798 |
| Other Income | 13,583 | 5,249 |
Total Revenue |
401,016 |
425,641 |
Expense |
||
| Salaries and Benefits | 150,044 | 133,571 |
| Non-Artistic Outside Fees | 26,638 | 43,936 |
| Artist Fees/Travel/Lodging | 65,930 | 66,285 |
| Other Expenses | 92,193 | 98,463 |
| Total Expense | 334,805 | 342,255 |
Net Revenue |
66,211 |
83,386 |
Assets |
387,207 | 324,380 |
Liabilities |
406 | 3,790 |
Net Assets |
386,801 |
320,590 |
Gemini Ink
Support and Revenue – 2010
Registration Fees/Miscellaneous |
3 % |
| Contributions | 6% |
| Special events – net | 6% |
| Grants | 34 % |
| Program Income | 16 % |
| Fees from govt. agencies | 35% |
Gemini Ink
Functional Expenses – 2010
| Dramatic Readers Theater | 6 % |
| Open Classroom | 3% |
| Management | 12 % |
| Fundraising/Special Events | 13 % |
| Writers in Communities | 29% |
| University Without Walls | 37% |


