Oxford Area Historical Association
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FEBRUARY 12, 2020 OAHA FINANCIAL REPORT Flossi Prewitt, our treasurer, and Mary England, our auditor, do an outstanding job in preparing our monthly financial reports for our Board of Directors as well as submitting, in a timely manner, all the state and federal financial reports required of all non-profit organizations such as the Oxford Area Historical Association. The total available funds in OAHA’s treasury as of December 31, 2019 were $50,572.93. That total is accounted for in the following categories: Operating expenses in OAHA checking account- $8,707.38 Archives’ rental and utility costs in OAHA checking account-$19, 021. 27 CD restricted account- $7,790.54 Money market investment- $15, 053.74 The OAHA budget developed for 2020 supports the direction the OAHA Board of Directors has decided to pursue which is that of “sustaining and growing.” The budget reflects our looking to a future that includes a need for a larger space for our archives. We now are renting two climate- controlled storage units because the space in our present location is too small to house the growing collection and activities in which we are engaged. This needed expansion will go hand and hand with continuing our present activities and programs about Oxford history and exploring other ways to keep telling the stories of Oxford. I reiterate what I said last year that we are not stock-piling funds. So that OAHA’s mission can be sustained and grow, our fund-raising efforts will and must continue. Our Sunday brunch at the Sawmill Grill will hopefully be a yearly event, we are planning other fund-raising activities and we will again send out our yearly fund-raising letter. Board members are also attending meetings related to writing grants for non-profits and are also networking with other organizations to identify additional revenue sources. With the ongoing support of our members and the community at large, the OAHA Board of Directors will continue its efforts to preserve the rich history of Oxford. Ken Woodward, OAHA President
Oxford Area Historical Association
FEBRUARY 12, 2020 OAHA FINANCIAL REPORT Flossi Prewitt, our treasurer, and Mary England, our auditor, do an outstanding job in preparing our monthly financial reports for our Board of Directors as well as submitting, in a timely manner, all the state and federal financial reports required of all non-profit organizations such as the Oxford Area Historical Association. The total available funds in OAHA’s treasury as of December 31, 2019 were $50,572.93. That total is accounted for in the following categories: Operating expenses in OAHA checking account- $8,707.38 Archives’ rental and utility costs in OAHA checking account-$19, 021. 27 CD restricted account- $7,790.54 Money market investment- $15, 053.74 The OAHA budget developed for 2020 supports the direction the OAHA Board of Directors has decided to pursue which is that of “sustaining and growing.” The budget reflects our looking to a future that includes a need for a larger space for our archives. We now are renting two climate-controlled storage units because the space in our present location is too small to house the growing collection and activities in which we are engaged. This needed expansion will go hand and hand with continuing our present activities and programs about Oxford history and exploring other ways to keep telling the stories of Oxford. I reiterate what I said last year that we are not stock-piling funds. So that OAHA’s mission can be sustained and grow, our fund- raising efforts will and must continue. Our Sunday brunch at the Sawmill Grill will hopefully be a yearly event, we are planning other fund-raising activities and we will again send out our yearly fund- raising letter. Board members are also attending meetings related to writing grants for non-profits and are also networking with other organizations to identify additional revenue sources. With the ongoing support of our members and the community at large, the OAHA Board of Directors will continue its efforts to preserve the rich history of Oxford. Ken Woodward, OAHA President
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