Daily Cal expenses 2011

As part of our effort to increase our organization’s transparency and help fellow students better understand the financial realities we face, we are releasing financial documents that outline our expenses and revenues.

As a media outlet, our purpose is to shed light on the inner workings of our community’s various institutions. We wholly intend to apply that principle to ourselves by sharing with our readers the decisions we make and the challenges we are working to tackle.

If you have any questions regarding the information presented on this page, our financial situation in general or our organization as a whole, please don’t hesitate to contact me at [email protected]

Below, you’ll find a breakdown of our expenses as well as our profit and loss data for the current fiscal year thus far. In the 2011 calendar year, our expenses totaled $815,244 and are broken up as follows:

Professional Staff Payroll: $328,434
Student Payroll (editorial and business): $133,526
Printing: $114,143
Facilities (rent, utilities, leased equipment, telephone and postage): $92,750
Health Insurance: $33,710
Distribution: $26,022
Business Insurance: $20,251
Other (sum of all expense accounts less than $500/month): $66,406

Tomer Ovadia is the editor in chief and president. Contact him at [email protected]