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Where Your Money Went –LNC June 2024

Last updated on July 24, 2024

There were over 400 enumerated contributors (People who have paid $200 or more during the year.)

The listed debts as of the end of June were primarily $290,000 to the hotel and under $3000 to Website and CRM consultants. There were other convention expenses, already paid. We have paid nearly $78,000 for convention audio-visual services, over $3000 to a speaker, and $2449 for convention entertainment.

We have staff and paid them. The employee net pay for five employees was $16,591. The cost of paying them came to $4732 for Payroll Processing.

Other employee costs included:
Federal Taxes on Employees – $4617
Healthcare Insurace – 1864.82
40K Contributions – $772
State Taxes – $674
Trimark Cleaning – $210 (the HQ Building)
Travel, Meetings, and Meals – $536

We actually paid to do politics. Those costs included Ballot Access in North Dakota for $11,967, a Transfer to Virginia Affiliate for $7220, $3000 to Voter Gravity, and $8 for Outreach and Activism.

We paid other people. The list of these seems longer than it was once upon a time:
Adrian Malagon – Ballot Access petitioning – $13,486.63
Directors and Officers Insurance – $9121
Candidate Web Site $7350
All In One Accounting – $7189 (The year cost for this appears to be a bit steep.)
Legal Services $4500
Website Consulting $4200
Administrative Assistance $4128
FEC Consulting $2000
Cornerstone CRM Consulting – $1950
More CRM Consulting $1022
Legal Fees – Corp. Services Co. of Florida $505
Website Consulting – $79

Convention Expenses:
Convention Audio Visual – $62394
Audio Visual Services – $15569
Convention Speaker Donald Gee $3189
Convention Entertainment – $2449
Convention Expenses – Staff Travel – $903
Convention Entertainment $400
Convention Expense Per Diem $315
Convention Expense – office supplies – $216

To cover all this, we tried to raise money:
Fundraising $5232 – two consultants
Fundraising Expense – Texting – $4502
Fundraising – Telemarketing – $4000
Fundraising Expense – Merchant Fees – $3131
Fundraising Expense – Merchandise – $1649
Fundraising Expense The Linq Hotel – $438
Fundraising Expense Lodging $417
Fundraising Expense – Merchandise -$325
Fundraising Software – $160
Fundraising Videos $150
Instacart 27

Software, Hardware & Other IT $3097

We got the word out the door:
Postmaster – $2476
Pirate Ship Postage – $127
Postage and Shipping – $97
Postage and Shipping – $60
Printing and Copying – $1510

Bank Fees – $363

2 Comments

  1. West Michigan Libertarian West Michigan Libertarian July 24, 2024

    The FEC report says “Adrian Malagon” (Mises Caucus LNC Member), not Andrew Malagon, was paid more than $10,000 last month for ballot access petitioning.

    • George Phillies George Phillies Post author | July 24, 2024

      Thank you for th correction.

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