[2025] OKEQ FY2025 Budget Revision Draft

Title

[2025] OKEQ FY2025 Budget Revision Draft

Subject

Oklahomans for Equality Fiscal Year 2025 Budget Revision Draft

Description

2 pages of a draft revision of the Oklahomans for Equality (OKEQ) budget for the fiscal year of 2025.

Creator

Oklahomans for Equality (OKEQ)

Source

https://okeq.org/bylaws/

Date

2025

Text

OKEQ-FY2025 Budget-Revision Draft

REVENUE FY2025 Revision Notes

Grant Revenue 200,000 275,000 Aids Coalition, DN, Ascension
Contributions 125,000 110,000 Already at $85k
I Am Equality 125,000 - Remove
Clinic Services 75,000 85,000
Store/Vending Sales (net) 10,000 7,500
Bar/Concession Sales (net) 15,000 15,000
Art Gallery (net) 1,000 1,000
Event/Ticket Sales 30,000 5,000 Delay in hiring
Lynn Riggs/KitchenRental 35,000 20,000 Delay in hiring
Equality Business Alliance 10,000 10,000
OKEQ Membership 5,000 1,000 Not ready to relaunch
In-Kind Donations - 5,000 Catering from TW-AB
Gala (net proceeds) 225,000 300,000
Pride Festival & Bingo 248,924 134,547
Investment Income 2,000 3,000
TOTAL REVENUE 1,106,924 972,047

EXPENDITURES FY2025 Revision Notes
Salaries & Wages 409,333 339,165 Adjust. based on current positions and 3 mos. ED
Payroll Taxes and Benefits 71,078 63,000
Workers Com 3,800 7,800 Increased due to 2023 wc audit and staff.
Contract Services 101,950 - Replaced with detailed line items
IT Services - 25,200
Accounting Services and Audit - 38,000
HR Consultant - 9,000
Executive Consultant - 56,250
Archivist/History Coordinator - 8,000 Grant funded
Marketing Services - 9,500
Data Services - 21,000 Data Capacity Group
Legal Services - 5,000
Other Contract Services - 25,000 Restorative Justice and Charity Engine
Storage 4,560 4,560
Vehicle Expenses 3,000 2,500
Insurance-Liability & Cyber 8,000 8,000
Insurance-D&O 2,200 2,200
Insurance-Property 12,000 14,000
Insurance-Clinic 1,500 1,500
Insurance-Van 3,000 3,000
Utilities/Phone 34,380 30,000
Office expenses 27,000 - Replaced with detailed line items
Office Supplies & Services - 4,000
Software/TechPlatforms/Digital Apps - 27,500 Data Capacity Grant, Charity Engine
Shipping & Postage - 1,000
Copy Lease & Printing - 4,300
Cleaning & supplies 12,000 12,000 $595/month services, plus Cintas
Repairs & Maintenance 20,000 12,000
Business Licenses & Permits 2,000 2,000
Memberships and Subscriptions 1,500 1,500
Non-Cap Equipment 7,500 7,500
Meals & Entertainment 5,000 5,000 Staff, donor relations, board
Marketing and Advertising 1,200 1,200
Security (excluding Pride) 20,000 10,000
Clinic Supplies & Lab 15,000 15,000
Other Program Expenses 7,500 20,000 Gender Marker Grant, Food Insecurity Grant
Library Materials 8,500 8,500 Grant funded support for remote libraries
Event Expenses (excl Pride and Gala) 15,000 5,000
Community Outreach 24,000 16,000 Support to other organizations
Travel & Training 10,000 5,000 Conferences, staff development
Pride Festival Expenses 233,946 186,372
Transaction Fees 10,000 5,000
Bank Fees & Charges 500 500
TOTAL EXPENDITURES 1,075,447 1,022,047
Use of Reserves - 50,000
Net Revenue over Expenditures 31,477 0

FY2025 Revision
Beginning Year Cash 580,360 580,360
Net Income/Loss 31,477 (50,000)
Reserve Use
- 50,000
Estimated Year End Cash 611,837 530,360

Files

Citation

Oklahomans for Equality (OKEQ), “[2025] OKEQ FY2025 Budget Revision Draft,” OKEQ History Project, accessed August 23, 2025, https://history.okeq.org/items/show/1296.