– UNIV (University Subsidy): Funding provided by the University in order to support the operation of the chess club.
SALES (Sales and Services): Revenue generated directly from chess program related sales (ex. summer chess camp revenue)
DONATE (Contributions + Grants): Gift and grant revenue specifically allocated with the intent of supporting the chess program.
ENDWMENT (Endowment): Revenue from the interest-earned on chess donations held within the endowment.
STATE (State Funds): Funds allocated specifically by the state government for the chess program.
STUDENT (Student Fees): Program revenue generated from student fees.
TTLREV (Total Revenue)
SCHOLAR (Scholarships): Expenses for covering chess scholarships awarded to students on the chess team
WAGE (Salaries, Wages, and Benefits): Expenses for salaries, wages, and benefits paid to UTD personnel that work directly on the chess program.
TRAVEL (Travel): Travel expenses for employees and students related to the chess program
PRINT (Printing, Media, and Advertising): Printing, media, and advertising expenses
EVENT (Conferences and Events): Conference registration fees, reservations, etc.
SUPPL (Materials and Supplies): Materials and supplies (such as team uniforms and office supplies)
MAINT (Maintenance and Repair): Maintenance and repair of equipment (such as telecommunications equipment for global competitions remotely held)
FEES (Professional Fees and Services): Professional fees and services
DEPR (Depreciation): Depreciation of chess program equipment/capital
COMM (Communications): Telecommunications expenses
OTHER (Other Expenses): Shipping/Freight, Postage, Cleaning Fees, Miscellaneous Recruiting, Association Dues, Uncategorized Fees and Uncategorized Credit Card Purchases.
TTLEXP (Total Expenses)
— NOTES —
– Figures are approximate and rounded to the nearest dollar
– Due to exorbitant costs, The Journal was unable to obtain pay information for chess financials prior to FY2011.
– Scholarships funded with revenue from UMBC’s campus soda contract.
– Several members of UMBC professional staff are volunteers, allowing UMBC to keep salary costs low.
– Conference and event expenses are likely folded into travel and other expenses. Due to the lack of specificity with financial data, more precise categorization was not possible.
– No responsive documents for FY2007