Bankrolling Bisexuality: the BiCon 2014 Accounts

BCN 128 cover

This originally appeared in BCN issue 128, December 2014

As well as the minutes of the Decision Making Plenary (last issue), the BiCon guidelines ask that BiCon publishes its accounts online and here in BCN each year.

So here the BiCon 2014 team take us through their figures:

We received £4000 from BiCon Continuity which has now been repaid. We are also returning a surplus of £8,815.01 to BiCon Continuity, of which £1000 is set aside for next year’s creche and £1375.23 for Equality Fund.

Equality Fund
The fund helped 30 people with an average subsidy of £60
Income set aside at start                 £1,000.00
Donations         £1,328.23
Badge profits         £    47.00

Given out ­        £1,790.00
Surplus         £  585.23

Income
Residential Bookings [1]             £36,583.00
Non­-res Bookings     £  2,611.00
BiReCon specific income [2]
Stalls             £    100.00
Badges         £    200.00
Donations [3]         £  1,328.23
Total             £40,982.23

Outgoings
Bedrooms         £21,910.00
Meeting rooms     £2,892.00
BiReCon Rooms     £  409.00
Creche room         £  330.00
Children’s bedrooms     £  446.25
Postage         £      3.00
Site visits         £   345.60
Programme etc printing £494.00
Phone             £    30.00
Badges         £  153.00
Flipchart         £    59.36
Stationery         £    148.65
Flyers             £    40.00
Ents             £    89.00
Games             £      9.00
Crafts             £    33.98
Session supplies     £    54.00
Safer Sex         £  288.00
Delivery         £  138.00
Volunteer food     £    97.00
Equality fund         £1,790.00
Creche staff         £  628.20
BiReCon Creche staff     £  209.40
Access             £    89.50
BM BiCon         £  139.47
Insurance         £  180.00
Bank/Paypal fees     £1,160.81

Total             £32,167.22

Actual Surplus     £  8,815.01
VAT we expected to pay £5,197.45

Expected surplus £3,617.56

Notes
[1] Including £1790 paid by the Equality fund
[2] This is day registration money taken by BiReCon – we don’t know how many other registrations came in part because of BiReCon.
[3] Including income from donated jewellery and craft space donations
Some Equality Fund donations came late or on the day
BiCon paid the whole cost of children’s bedrooms
Access expenditure includes wheelchair hire and a cot
There are about 50 badges left to be sold for the Equality Fund

Some safer sex supplies have been passed on to Bi Visibility Day Edinburgh and to next year

Demographics
The 220 residential bookings broke down as shown.
Under £13,000 86 39%
Under £20,000 40 18%
Under £25,000 18 8%
Under £30,000 24 11%
Under £40,000 15 7%
£40,000 and over 28 13%
Supporter 9 4%
Of the 86 lowest rate bookings 30 were helped by the Equality Fund, i.e. 35%