Wednesday, November 2, 2016
Marathon and on and on and....
Since we know that manager Berthold Reimers is a perpetually unreliable source when it comes to reporting WBAI's financial status, we have to pay attention to any figures that cross our path and try to come as close to reality as our gathered data allows.
With that in mind, I grabbed the following post from the BlueBoard cemetary. It is R. Paul Martin's response to SDL's question: "How goes the beg-a-thon at this point?".
November 2, 2016
"On October 22, the General Manager said, 'I am going to extend the drive 1 more week so we can pay PRA and the National Office a few months,' and since the 'thon was already scheduled to go through November 6, this sounds like a plan to extend it to November 13. No telling what will actually happen though.
The latest information I have from Management is that the 'thon's tally was $292,558 at the close of October 31. That's an average of $10,088 a day. But he may be including some of the Saturday morning ticket donations in with that, and that is not supposed to be mixed in, as per the CPB.
The goal of this 'thon is a moving target. It's somewhere between $266,250 in which case it has achieved its goal, and $450,000, in which case it is quite short of its goal. The FY15 budgeted goal for the Fall 'thon was $470,500. The never adopted FY16 budget had the goal for that Fall 'thon at $460,000. The "draft of a draft" FY17 not-yet-considered budget proposal pegs the current Fall 'thon goal at $266,250. And yet I have heard that the General Manager has said that the goal for this 'thon is $450,000.
Meanwhile the NFC talks about FY17 budget proposals, a month into FY17. The reality of some of these budget proposals is questionable, in my opinion. —R. Paul Martin, WBAI Treasurer