oodf-board — archive

OMF Forecast for 2022 & 2023

From: Cathie Mayo-Figenbaum <[email protected]>
To: [email protected]
Date: Mon, 04 Apr 2022 20:21:00 -0000

Hi, I have put together 2 budgets for 2022, 1) Best case scenario if OMF meets the balance of their revenue targets and 2) Worst case scenario if OMF is only able to keep its existing members. Depending on OMF's ability to secure additional funding (new members/grants ) for the remainder of 2022, will determine how to proceed going forward. With an annual salary budget of $576k and OODF hosting fee of $50k, OMF will need to secure funding of $626k just to continue to operate without additional funding for consultants, travel or conferences. In our meeting tomorrow, we will need to discuss OMF's plans on securing renewals/funding and possibly reducing expenses further. Best, Cathie Cathie Mayo Controller OASIS Open NEW ADDRESS 400 Tradecenter Suite 5900 Woburn, MA 0180 1 +1 781-425-5073 (main) +1 781-569-5113 (direct) [email protected] www.oasis-open.org Attachment: 2022 OMF Forecast Analysis 04.04.2022.pdf Description: Adobe PDF document Attachment: 2023 OMF Forecast Analysis 04.04.2022.pdf Description: Adobe PDF document