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Potters Guild of British Columbia
Statement of Income and Members’ Equity
Year Ended December 31, 2004 (Unaudited)

Gallery of BC Ceramics 14,739
Potters’ Guild Member Services (2,741)
Income (Loss) 11,998
Members’ Equity (2003) 10,037
Members’ Equity (2004) 22,036

Statement of Gallery Revenue and Expenses
Year Ended December 31, 2004 (Unaudited)

Revenues
Revenue 325,962
Cost of Goods Sold 171,322

Gross Profit 154,640

Administrative Expenses
Salaries and Benefits 92,845
Exhibition Expenses 4,640
Credit Card Fees 7,261
Gallery Maintenance 1,607
Gallery Supplies 1,226
Gallery Display 480
Computer 1,137
Postage & Courier 1,159
Advertising/Promo/Printing 4,582
Telephone & Internet 3,459
Licenses/Fees/Dues 1,585
Rent 7,120
Utilities 1,256
Security 510
Insurance 1,501
Accounting 4,018
Legal 1,350
Gallery Office Supplies 2,591
Miscellaneous 1,573

Total Administrative Expenses 139,901

Gallery Income (Loss) 14,739

Statement of Potters Guild Revenue and Expenses
Year Ended December 31, 2004 (Unaudited)

Revenues
Membership Fees 14,542
Newsletter 5,351
U2 Can Raku 1,853
Made of Clay 21,310
Shard Sale 3,694
Donations 1,535
Other 3,853

Total Revenue 52,138

Event Expenses 21,999
Administrative Expenses
Office Supplies 2,164
Bank Charges 884
Advertising & Printing 336
Telephone & Internet 1,893
Licenses/Fees/Dues 937
Rent 3,574
Utilities 546
Insurance 745
Accounting 1,982
Newsletter 12,347
Membership Directory 2,270
Miscellaneous 5,900

Total Administrative Expenses 33,578

Guild Income (Loss) (2,740)

Potters Guild of British Columbia Newsletter

July/August 2005