Profit and Loss of the MetaBrainz Foundation for 2005

I just posted the Profit and Loss statement (PDF) for the MetaBrainz Foundation’s fiscal year 2005:

Income
4010 Income – Donations – PayPal $ 13,768.31
4020 Income – Donations – General $ 3,980.10
4040 Income – Licenses – Live Data Feed $ 2,465.74
4070 Income – Bank – Interest $ 13.02
4080 Income – Affiliate – Amazon $ 122.66
   Total Income $ 20,349.83
 
Expense
5020 Expense – Bank – PayPal $ 818.60
5040 Expense – Hosting – CCCP $ 1,174.00
5050 Expense – Rent – Higuera Office $ 2,000.00
5070 Expense – Hardware $ 4,661.47
5080 Expense – Travel $ 802.41
5090 Expense – Internet $ 264.31
5100 Expense – Marketing $ 155.00
5110 Expense – Development $ 2,486.15
5120 Expense – Supplies $ 51.52
5130 Expense – Gifts $ 186.90
5140 Expense – Events $ 355.02
   Total Expense $ 12,955.38
 
   Net Income $ 7,394.45

I’ve also posted the Balance Sheet for 2005 (PDF) and the Balance Sheet for December 2005 (PDF). While we weren’t wildly successful for our first full year in operation, we stayed in the black the entire time and certainly showed that we have a lot of public support. And the IRS cares much about public support for tax exempt non-profits.

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