Cyberspace Communications finances for March 2005

Apr 1 15:34 UTC 2005

Here is the treasurer's report on Cyberspace Communications, Inc. finances 
through March 31st, 2005

Beginning Balance     $2,618.18

Credits                 $486.00         Member contributions
                        $105.72         Micellaneous contributions
                          $1.28         Interest on our savings account
                   ------------
                        $593.00

Debits                  $100.00         Provide Net colocation (thru 4/22/05)
                         $44.37         Phone Bill
                          $6.65         Paypal fees (income = $186)
                   ------------
                        $151.02

Ending Balance        $3,060.16

Our current balance breaks down as follows:

$2,803.62               General Fund
  $173.99               Silly Hat Fund
   $60.00               Spare Parts Fund
   $22.55               Infrastructure Fund

The money is distributed like this:

$1,167.58   Checking account
$1,892.58   Savings account earning 0.55% interest annually

We had one new member in March (muthu).  We are currently at 70 members, 57 
of whom are paid through at least April 15th.  (The others expired recently 
and are in a grace period.)

Notes:

- I called our erstwhile ISP, CoreComm, and cancelled our account.  After a 
couple of faxes and folluwup calls, it seems to be a done deal.  They say 
our account was cancelled on March 16th, which might mean that we owe them 
$4.50 or $9.00 for a day or two of service after what we paid for.  I'll 
wait and see if they send us a bill.

- It's good to be in the black!

Thanks to everyone who contributed in March:

ajax, chanur, charcat, dpc, i, jplatt, mbusse, muthu, polygon, robh, srw, 
and tod.

If you or your institution would like to become a member of Grex, it 
only costs $6/month or $60/year.  Send money to:

Cyberspace Communications
P. O. Box 4432
Ann Arbor, MI 48106-4432

If you pay by cash or money order, please include a photocopy of some 
form of ID.  We can't add you to the rolls without ID.  (If you pay 
with a personal check that has your name pre-printed on it, we 
consider that a good enough ID.)  Type !support or see 
http://www.cyberspace.org/member.html for more info.

response 2 of 9:

Apr 1 17:45 UTC 2005

If grex continues to take in more than it spends, what might we do to either
reduce income or increase costs?  Lower membership dues?  Pay for a faster
internet connection?  Large disks so everyone could have 10MB storage?
Or wait a year and see if membership continues to drop?

response 4 of 9:

Apr 1 22:01 UTC 2005

re: 2

You could learn from M-Net's heyday, and bank the money instead of spending
it on stuff you don't need.

response 6 of 9:

Apr 2 16:44 UTC 2005

Right - March's income includes some accumulation from people who normally
would have paid in January and February, but didn't this year.  So I
wouldn't get too excited.  At the end of March, 2002 we had more than twice
the cash reserves we have now.  It's been a lean 3 years.

response 8 of 9:

Apr 6 02:20 UTC 2005

Which is all many people do in life . . . .