The following is only a sample budget and may list...
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Cash Income Sources Total $ Is this confirmed? (yes/no) Expense Items Total $ Sale of artwork 1,000.00 $ no Your time/fee 2,000.00 $ My cash 500.00 $ yes Other artist fees 200.00 $ Non‐artist fees Materials, supplies 1,500.00 $ Equipment (rental/purchase) Space rental 800.00 $ Insurance Promotion/marketing 150.00 $ Other (please describe briefly): In‐Kind/Donated Materials and Services Total Value Is this confirmed? (yes/no) Shipping 50.00 $ My time 500.00 $ yes Framing 500.00 $ Materials I already have 500.00 $ yes Space rental discount 200.00 $ yes TAIP Funding Requested 2,500.00 $ no TOTAL PROJECTED INCOME * 5,200.00 $ * TOTAL PROJECTED EXPENSES * 5,200.00 $ *(This number must match TOTAL EXPENSES ‐ column F) *(This number must match TOTAL INCOME ‐ column B) PROJECTED INCOME PROJECTED EXPENSES The following is only a sample budget and may list expenses or income that are not relevant to your project.
The following is only a sample budget and may list ...cms.cityoftacoma.org/CEDD/TacomaCulture/arts/TA... · My cash 500.00$ yes Other artist fees 200.00$ Non‐artist fees Materials,
In‐Kind/Donated Materials and Services Total Value
Is this confirmed? (yes/no) Shipping 50.00$
My time 500.00$ yes Framing 500.00$ Materials I already have 500.00$ yesSpace rental discount 200.00$ yes
TAIP Funding Requested 2,500.00$ noTOTAL PROJECTED INCOME * 5,200.00$ * TOTAL PROJECTED EXPENSES * 5,200.00$ *(This number must match TOTAL EXPENSES ‐ column F) *(This number must match TOTAL INCOME ‐ column B)
PROJECTED INCOME PROJECTED EXPENSESThe following is only a sample budget and may list expenses or income that are not relevant to your project.
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If you need to, you can credit yourself back for some or all of the value of your time listed under Projected Expenses. So, how this reads to the panel is that your overall time is worth $2000 but you are actually only getting $1500 ($2000 - $500 of in-kind work = $1500)
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For any of the items listed in this column, if applicable to your project, list the full value of the item or service. If needed, you can credit back the whole or partial value of each item or service under Projected Income (in the in-kind section) if any of it is in-kind/donated.
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Give the time you will invest in your project a value (ex: $20/hr x 100 hrs. = $2000). You may not actually get paid cash for all this time but your time has a value so make sure to note it here.
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Here are two other examples of how you can credit yourself back for the full or partial value of an item you listed under Projected Expenses. In the top example, I listed total material costs for my project as $1500 under Projected Expenses but I note here that $500 of those expenses are in-kind since I already have $500 worth of supplies on hand.
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Note that, in the end, your total Projected Income and total Projected Expenses must total each other.
