SDCAP Proposed FY17 Budget

The San Diego Collaborative Arts Project, SDCAP, is a 501c3 nonprofit dedicated to promoting collaborative art in San Diego.  It is an entirely volunteer run organization, including the SDCAP board of directors, Youtopia event producers and leads, Colab organizers, and hundreds of other volunteers.

Below is the SDCAP proposed budget for our 2017 fiscal year, which runs April 1, 2016 to March 31, 2017.  The budget will be considered at the May 11, 2016 meeting.  If you have any questions or comments about the proposed budget, please email bod@sdcap.org.

Category FY 2016 FY 2015
Youtopia $344,300 $300,000
Colab $24,000 $24,000
Colab Legal $8,000 $0
Colab Tools $5,000 $0
GLC $5,000 $6,000
Regional Leadership Conference $3,000 $0
Overhead $6,000 $9,000
Accounting $6,000 $4,000
SDCAP Art Grant $10,000 $5,300
SDCAP Civic Grant $10,000 $0
SDCAP Large Art $10,000 $0
Grant writer $5,000 $0
Rainy Day Fund addition $23,000 $24,000
Outreach, fundraising $3,000 $0
Total $462,300 $372,300
Less Youtopia $118,000 $72,300
Q: Can I see more detailed information about 2015?

Financial information for 2015 and previous Youtopia events is here.

Q: What about income?

The expected income from Youtopia is $461,300. SDCAP also expects to receive roughly $1,000 in interest on our accounts. We also plan to seek additional sources of income, including fundraisers, donations, grants and possibly additional events. Because of the uncertainty with these sources of funding, we can’t include them in the budget yet. Additionally, Colab organizes fundraisers and charges rent for some of its spaces. All of that money remains in the Colab operational budget, and is not reflected here.

Q: Why is Youtopia more expensive to organize this year?

The 2016 Youtopia budget is $44,300 larger than the actual spending in 2015, or roughly a 15% increase. Roughly half of this increase is budgeted for art grants – direct funding for artists that bring art to Youtopia. Additional funding has been allocated for safety and volunteer training, and land rental costs. Finally, inflation and a 7% population increase also causes increased costs.

Q: SDCAP’s overall budget increased by $90,000. Where is that money coming from?

In roughly equal parts, increased number of Youtopia tickets and increased Youtopia ticket prices. Tier 1 tickets are increasing by $5, and tier 2 and 3 by $15. Parking will increase from $10 to $15 to further encourage carpooling. Volunteer, art grant and low income ticket prices are not increasing. Additionally, there will be 33% more tier 1 tickets, and double the number of low income tickets. More information will be available on the Youtopia site.