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April 6, 2024

2024 Quarter One Financial Review

Lots of exciting posts happening lately!

I just wanted to come in and provide a Quarter 1 2024 financial update! Everyone will see this eventually, some Patron tiers before others. Not much interesting here, but if you like numbers, you can see a simplified breakdown below.

This is to continue providing some more openness in how Vintage Digital Revival and our efforts to create all things Titanic is being run.

Income

  • From January to March, amazing people on Patreon gave a total of $29,239.84.

  • YouTube ad revenue was $5,168.40.

  • Donations via PayPal totaled $288.88.

  • The percent reserved from Britannic: Patroness of the Mediterranean sales was $832.12.

  • Licensing provided $1000 even.

  • Sales, which came from WeTransfer purchases of the THG Deck Plans, were $141.60.

  • Total income for Quarter 1, 2024 was $36,670.84.

Expenses

  • Crew pay to fifteen of the VDR team members was $28,629.31.

  • Refunds sent out for more of the hand-painted model ships were $2,728.19.*

  • Misc. crew pay (contractors and former crew obligations) was $4,464.

  • Subscriptions such as website hosting, clouds, etc., were $1,373.17.

  • Research costs totaled $568.61.

  • Postage that was mainly for sending Officers' Perks was $574.80.*

  • Art and design costs were $178.83.

  • And miscellaneous costs were $572.40.

  • Total expenses for Quarter 1, 2024 were $39,089.31.

*More on the way.

Comments (1)

M
Martin B. · April 10, 2024

Appreciate the financial transparency.