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By phillies
In September, the Libertarian National Committee received $172,292 and spent $178,677. In the first 15 days of October, the LNC raised a further $72,761 and spent $66,796. Total
disbursements for the year through 10/15 were $1,529,817. How was all that money spent? Absolutely none of it went for limousine services. There was actual outreach. Outreach: The LNC spent $3100 for CPAC 2009 registration. $900 went for radio ads. The "LP Branding Project" spent $92. Meetup received a $72 annual fee. In addition:
There was electronic outreach in the information technology expenses, which included $13,441 for website management, $1,872 for website hosting, $1,873 for telecom and teledata services, $600 for Server and Computer Maintenance, $200 for MAC software, and $90 for a PC service. $100,000+, annualized rate, for website management is farely impressive.
The party spent much money to put people onto the ballot. Ballot Access Petitioning Expenses came to $41,710 to petitioners including Darryl Bonner, Eric Rittberg, Gary Field, Karen Pierce, Kurt Rice, Labor Ready Inc., Mark Pickens, Scott Kohlhaas, Stavros Mendros, and Tekno Solutions. Legal services, much related to ballot access, came to $20,760. Staff travel came to $19,814 for hotels, $9,994 for air and auto expenses, and $328 for auto travel. Recall that, for some petitioners, hotel and travel costs may have been covered. Direct mail raises money and frames questions: Printing, mailing, and related bits included: $37,879 for non-candidate-related printing, mailing, and editing, $3,750 for writing for non-candidate mailing, $1,025 on postage meter issues, $1,105 for other postage, $759 for Shipping Services $1,575 for office supplies, $532 for publications, and $400 for Non Candidate Party Editing and Graphics. Copier leasing and maintenance was $1431. That mail brought in members. Membership cards cost $1433. Credit Card Processing Fees came to $480. $448 was paid for address and phone verification. $378 went for fundraising consultants. Total employee pay came to $33,376. Staff members were Andrew Davis, Austin Petersen, Casey Hansen, Elizabeth Parker, Erin Taylor, Louise Calise, Mark Meranta, Robert Kraus, Sean Haugh, and Susan Dickson. When you employ people, you incur other expenses. A list of these includes $5,675 for Social Security, $4,748 for Federal unemployment and withholding, $1350 for Medicare, $1212 for 401K payments, $1232 for D.C funding and withholding payments and health insurance, $1260 for VA Withholding, $254 for NC - Withholding, $292 for payroll processing, $283 for SC - Withholding. All these people had to be placed someplace. The rent for the D.C. Office was $9,903 a month, not counting $240 rent for parking spaces. That's $120,000 a year. D&O (Directors and Officers) Insurance was $821. Other insurance was $579 Reporting all this to the FEC? FEC Filing cost $1000.
LNC financials, September and half of October | 0 comments ( topical, 0 hidden)
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