[2024] OKEQ FY2024 Draft Budget
Title
[2024] OKEQ FY2024 Draft Budget
Subject
Oklahomans for Equality Fiscal Year 2024 Budget Draft from February 12, 2024
Description
2 pages of a draft of the Oklahomans for Equality (OKEQ) budget for the fiscal year of 2024.
Creator
Oklahomans for Equality (OKEQ)
Source
https://okeq.org/bylaws/
Date
February 12, 2024
Text
REVENUE OKEQ Internal Actual FYE 9/30/2023 Proposed Budget Notes
Grant Revenue $268,455 ( 350,000)
Contributions $217,730 ( 225,000)
Clinic Services $60,804 ( 95,000) Increase in services in FY2024
Store/Vending Sales (net) $8,874 ( 8,000) Net out Cost of goods sold
Bar/Concession Sales (net) $20,699 ( 25,000) Net out Cost of goods sold
Lynn Riggs/KitchenRental $5,063 ( 15,000) $600/month plus events
Event/Ticket Sales $40,706 ( 25,000)
EBA/OkEq Membership $18,891 ( 15,000)
Gala $262,174 ( 250,000)
PrideFestival & Bingo $249,672 ( 225,000) Includes Pride Bingo
Art Gallery (net) $1,873 ( 2,000) Net out artists costs
Investment Income $0 ( 2,000)
TOTAL REVENUE* 1,154,941 ( 1,237,000)
EXPENDITURES
Salaries & Wages $352,490 ( 460,000) At current staff capacity.
Benefits $36,981 ( 91,000) Payroll taxes, phone, and benefits
Contract Services $49,626 ( 12,000) HR $750/month plus flexibility
IT Software/Equipment $42,707 ( 30,000) Avg $2500/month
Accounting & Legal Fees $81,340 ( 30,000) OKNPP $2200/mo, audit and 990
Insurance $24,815 ( 28,000) Includes 10% increase
Utilities/Phone $45,582 ( 48,000) based on current
Office expenses $26,850 ( 30,000) Supplies, software, printing, postage
Cleaning & supplies $21,552 ( 31,000) $2500/mo plus supplies
Repairs & Maintenance $27,699 ( 30,000)
Business Licenses & Permits $4,964 ( 7,500) City permits, ABLE
Memberships $2,416 ( 2,500)
Marketing and Advertising $1,474 ( 2,500)
Security (excluding Pride) $14,683 ( 25,000)
Clinic Supplies & Lab $15,435 ( 25,000)
Other Program Expenses $8,617 ( 5,000)
Event Expenses (excl Pride and Gala) $16,725 ( 25,000)
Non-Cap Equipment $4,519 ( 3,000)
Vehicle Expenses $178 ( 7,500) Van Storage$375/mo plus maintenance
Meals & Entertainment $4,030 ( 5,000)
Travel $2,228 ( 6,000)
Transaction Fees (excl Pride and Gala) $5,499 ( 6,000)
Bank Fees & Charges $2,404 ( 2,000)
Gala Expenses $125,070 ( 125,000)
Pride Festival Expenses $218,495 ( 200,000)
TOTAL EXPENDITURES* 1,136,379 ( 1,237,000)
Net Revenue over Expenditures ( 18,562) ( - )
Grant Revenue $268,455 ( 350,000)
Contributions $217,730 ( 225,000)
Clinic Services $60,804 ( 95,000) Increase in services in FY2024
Store/Vending Sales (net) $8,874 ( 8,000) Net out Cost of goods sold
Bar/Concession Sales (net) $20,699 ( 25,000) Net out Cost of goods sold
Lynn Riggs/KitchenRental $5,063 ( 15,000) $600/month plus events
Event/Ticket Sales $40,706 ( 25,000)
EBA/OkEq Membership $18,891 ( 15,000)
Gala $262,174 ( 250,000)
PrideFestival & Bingo $249,672 ( 225,000) Includes Pride Bingo
Art Gallery (net) $1,873 ( 2,000) Net out artists costs
Investment Income $0 ( 2,000)
TOTAL REVENUE* 1,154,941 ( 1,237,000)
EXPENDITURES
Salaries & Wages $352,490 ( 460,000) At current staff capacity.
Benefits $36,981 ( 91,000) Payroll taxes, phone, and benefits
Contract Services $49,626 ( 12,000) HR $750/month plus flexibility
IT Software/Equipment $42,707 ( 30,000) Avg $2500/month
Accounting & Legal Fees $81,340 ( 30,000) OKNPP $2200/mo, audit and 990
Insurance $24,815 ( 28,000) Includes 10% increase
Utilities/Phone $45,582 ( 48,000) based on current
Office expenses $26,850 ( 30,000) Supplies, software, printing, postage
Cleaning & supplies $21,552 ( 31,000) $2500/mo plus supplies
Repairs & Maintenance $27,699 ( 30,000)
Business Licenses & Permits $4,964 ( 7,500) City permits, ABLE
Memberships $2,416 ( 2,500)
Marketing and Advertising $1,474 ( 2,500)
Security (excluding Pride) $14,683 ( 25,000)
Clinic Supplies & Lab $15,435 ( 25,000)
Other Program Expenses $8,617 ( 5,000)
Event Expenses (excl Pride and Gala) $16,725 ( 25,000)
Non-Cap Equipment $4,519 ( 3,000)
Vehicle Expenses $178 ( 7,500) Van Storage$375/mo plus maintenance
Meals & Entertainment $4,030 ( 5,000)
Travel $2,228 ( 6,000)
Transaction Fees (excl Pride and Gala) $5,499 ( 6,000)
Bank Fees & Charges $2,404 ( 2,000)
Gala Expenses $125,070 ( 125,000)
Pride Festival Expenses $218,495 ( 200,000)
TOTAL EXPENDITURES* 1,136,379 ( 1,237,000)
Net Revenue over Expenditures ( 18,562) ( - )
Files
Citation
Oklahomans for Equality (OKEQ), “[2024] OKEQ FY2024 Draft Budget,” OKEQ History Project, accessed August 23, 2025, https://history.okeq.org/items/show/1299.