National Underground Railroad Freedom Center

15 Month Cash Flows Projection ‐ W/O OCFC Funds
As of 11‐29‐10 4th
Quarter 2011
Oct Nov Dec Summary Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Summary

Projected Operating Cash  (Opening Balance)         633,700         557,824         266,401        633,700        751,338        473,488           89,540        (177,069)      (451,599)      (613,646)      (285,706)      (399,778)      (572,983)      (636,195)      2,130,310      1,854,989         751,338
Cash Flow Activity ‐ 
Inflows:
Pledge Payments            84,000         350,000        434,000          37,750          12,750           12,750            12,750          12,750        143,000        126,000          12,750        247,000          22,000            12,750            17,750         670,000
US Government                  ‐                  ‐                  ‐                 ‐                 ‐                 ‐                  ‐                  ‐                 ‐                 ‐                 ‐                 ‐                 ‐    3,000,000                  ‐                  ‐      3,000,000 Future Total 
State of Ohio ‐ OCFC                  ‐                  ‐                  ‐                 ‐                 ‐                 ‐                  ‐                  ‐                 ‐                 ‐                 ‐                 ‐                 ‐                 ‐                  ‐                  ‐                  ‐ Cash Budgeted
Department of Educations                    ‐                  ‐         485,000        485,000          30,555          30,555           30,555            30,555          30,555          30,555          30,555          30,555          30,560                 ‐                  ‐                  ‐         275,000 on 2011 Private
Private Support: Budget Support
Board Support / Major Gifts         385,000            50,000           50,000        485,000          25,000                 ‐           25,000                  ‐          50,000        400,000          50,000          50,000          50,000          25,000            25,000            50,000         750,000             ‐        750,000
Annual Fund/Individuals              2,427            40,000         100,000        142,427          16,500            6,500             7,500              7,000            8,500            7,000            7,000          12,000          15,000          73,000            43,000         100,000         303,000             ‐        303,000
Corporations                  ‐            12,000           75,000          87,000                 ‐            2,500           10,000              5,000          10,000          55,000          15,000          15,000          25,000          50,000            50,000            75,000         312,500    312,500        625,000
Foundations                  ‐              2,000           35,000          37,000            1,800            5,400             2,700            40,000            2,400          81,000            9,000            4,000          15,000          10,000              5,400            40,000         216,700    433,300        650,000
Special Events ‐ Annual/Minor                  ‐                  ‐                  ‐                 ‐          38,900                 ‐                  ‐                  ‐                 ‐                 ‐                 ‐                 ‐                 ‐                 ‐                  ‐                  ‐            38,900             ‐          38,900
Special Events ‐ IFCA/Major            51,313                  ‐                  ‐          51,313                 ‐                 ‐                  ‐                  ‐                 ‐                 ‐                 ‐        125,000                 ‐                 ‐                  ‐                  ‐         125,000             ‐        125,000
Earned Revenues*            47,910            45,000           45,000        137,910          41,360          74,000         108,060         107,425        169,825          91,975        109,965          70,525          39,775          58,460            56,030            52,600         980,000
Other Income                 230              1,250             1,250            2,730            5,830            5,830             5,840              5,830            5,830            5,840            5,830            5,830            5,840            5,830              5,830              5,840            70,000    745,800    2,491,900
Total Income         486,880         234,250     1,141,250     1,862,380         197,695         137,535          202,405         208,560         289,860         814,370         353,350         325,660         428,175     3,244,290         198,010         341,190     6,741,100

Outflows:
Expenses:                  ‐
Payroll        (213,565)        (229,668)       (229,668)      (672,901)      (227,813)      (227,813)        (218,917)        (218,917)      (218,917)      (217,786)      (225,107)      (225,107)      (225,107)      (225,107)        (225,107)        (225,107)    (2,680,805)
Other         (324,191)        (216,005)       (226,645)      (766,841)      (247,732)      (293,670)        (250,097)        (264,173)      (232,990)      (268,644)      (230,565)      (262,008)      (254,530)      (214,608)        (210,154)        (224,060)    (2,953,231)
Total Expenses        (537,756)        (445,673)       (456,313)   (1,439,742)      (475,545)      (521,483)        (469,014)        (483,090)      (451,907)      (486,430)      (455,672)      (487,115)      (479,637)      (439,715)        (435,261)        (449,167)    (5,634,036)

Capital Expenditures
Exhibits ‐ Cooper Sun Development                  ‐                  ‐       
Exhibits ‐ Slave Pen Restoration                  ‐                  ‐       
Exhibits ‐ Berlin Wall                  ‐                  ‐       
Exhibits ‐ Invisible                  ‐          (55,000)       
Exhibits ‐ Audio Tours          (25,000)          (25,000)       
Total Capital Expenditures          (25,000)          (80,000)      
           ‐                 ‐                 ‐                 ‐                  ‐                  ‐                 ‐                 ‐                 ‐                 ‐                 ‐         (26,320)          (26,320)          (26,310)          (78,950)
           ‐                 ‐                 ‐                 ‐                  ‐                  ‐                 ‐                 ‐         (11,750)         (11,750)         (11,750)         (11,750)          (11,750)          (11,750)          (70,500)
   (35,000)         (35,000)                 ‐                 ‐                  ‐                  ‐                 ‐                 ‐                 ‐                 ‐                 ‐                 ‐                  ‐                  ‐                  ‐
   (45,000)      (100,000)                 ‐                 ‐                  ‐                  ‐                 ‐                 ‐                 ‐                 ‐                 ‐                 ‐                  ‐                  ‐                  ‐
(120,000)      (170,000)                 ‐                 ‐                  ‐                  ‐                 ‐                 ‐                 ‐                 ‐                 ‐                 ‐                  ‐                  ‐                  ‐
(200,000)      (305,000)                ‐                ‐                 ‐                 ‐                ‐                ‐        (11,750)        (11,750)        (11,750)        (38,070)          (38,070)          (38,060)        (149,450)

Monthly Activity (Total Inc ‐ Total Exp ‐ Cap Exp)          (75,876)        (291,423)        484,937       117,638      (277,850)      (383,948)        (266,609)        (274,530)      (162,047)       327,940      (114,072)      (173,205)        (63,212)    2,766,505        (275,321)        (146,037)         957,614

Cumulative  Cash Flow Activity         557,824         266,401        751,338       751,338       473,488          89,540        (177,069)        (451,599)      (613,646)      (285,706)      (399,778)      (572,983)      (636,195)    2,130,310     1,854,989     1,708,952     1,708,952

Projected Ending Cash Balance         557,824         266,401         751,338        751,338        473,488          89,540        (177,069)        (451,599)      (613,646)      (285,706)      (399,778)      (572,983)      (636,195)    2,130,310      1,854,989      1,708,952      1,708,952