Oxford Area Historical Association
OAHA Financial Report – February, 2021
2020 Income – $37,060 (includes $12,000 grant contracted for
consultant fees) - $25,060 without grant
2020 Expenses - $24,243
OAHA Bank Statement Balances as of January 31, 2021
Operating Account - $6,915.66
Archives Account - $29,881.56
CD Restricted Account - $7,874.13
Money Market Investment - $15,215.28
The operating account covers our normal expenses such as program
expenses, printing, postage, web site, office equipment and supplies,
internet, fees and liability insurance. We were fortunate to receive a
$12,000 grant from the County to pay for our work with a consultant to
develop a strategic plan and do community outreach as a part of our
effort to grow as an organization. $6,000 of the amount currently in
the operating account is from the grant and is earmarked for that work.
Normally, our operating account is funded through dues and donations
made at programs and other events. Our membership is down due to
the fact that we have not been able to have in-person programs
because of COVID. Although we have offered online programs through
our Facebook page, and they have been well “attended”, we have not
received donations as a direct result of these broadcasts. Although we
have not had to pay for the use of a facility for our programs, we have
had increased web site expenses for the online programs. Thanks to
the individuals who have sponsored programs.
We are grateful that our annual fund raising letter last March resulted
in generous donations which have helped to build up the balance in our
Archives account. We draw from this account for rent and utilities for
the building we occupy on Locust St. We also have two climate-
controlled storage units because the space in our Archives building is
too small to house the growing collection. We have not been able to
have Archives open during the pandemic because our space is too small
to safely allow volunteers and visitors to interact. We have still been
able to accept some donations to our collection. Our goal is to find a
larger space so that we can expand our activities, and we are saving
towards that end. We look forward to the time when we can again
participate in community events such as the Connective Festival.
We plan to send out our 2021 fund raising letter again this spring. We
have not been able to have in- person fund raising events, but will
organize events in the future when we are able to safely do so. OAHA
anticipates running a major capital campaign at some point to raise
money for a new Archives location.
Thanks to Flossi Prewitt and Mary England for preparing monthly
financial reports and submitting state and federal reports required of
non-profit organizations.
With community support, OAHA will be able to continue its mission to
preserve the history of the Oxford area.
Gail Roberts, OAHA President