16

Potters Guild of British Columbia Statement of Income and Members’ Equity Year Ended December 31, 2004 (Unaudited)

Gallery of BC Ceramics 14,739 Potters’ Guild Member Services (2,741) Income (Loss) 11,998 Members’ Equity (2003) 10,037 Members’ Equity (2004) 22,036

Statement of Gallery Revenue and Expenses Year Ended December 31, 2004 (Unaudited)

Revenues Revenue 325,962 Cost of Goods Sold 171,322

Gross Profit 154,640

Administrative Expenses Salaries and Benefits 92,845 Exhibition Expenses 4,640 Credit Card Fees 7,261 Gallery Maintenance 1,607 Gallery Supplies 1,226 Gallery Display 480 Computer 1,137 Postage & Courier 1,159 Advertising/Promo/Printing 4,582 Telephone & Internet 3,459 Licenses/Fees/Dues 1,585 Rent 7,120 Utilities 1,256 Security 510 Insurance 1,501 Accounting 4,018 Legal 1,350 Gallery Office Supplies 2,591 Miscellaneous 1,573

Total Administrative Expenses 139,901

Gallery Income (Loss) 14,739

Statement of Potters Guild Revenue and Expenses Year Ended December 31, 2004 (Unaudited)

Revenues Membership Fees 14,542 Newsletter 5,351 U2 Can Raku 1,853 Made of Clay 21,310 Shard Sale 3,694 Donations 1,535 Other 3,853

Total Revenue 52,138

Event Expenses 21,999 Administrative Expenses Office Supplies 2,164 Bank Charges 884 Advertising & Printing 336 Telephone & Internet 1,893 Licenses/Fees/Dues 937 Rent 3,574 Utilities 546 Insurance 745 Accounting 1,982 Newsletter 12,347 Membership Directory 2,270 Miscellaneous 5,900

Total Administrative Expenses 33,578

Guild Income (Loss) (2,740)

Potters Guild of British Columbia Newsletter

July/August 2005