OWASP 2020 Budget
Below please find the 2020 budget. We are forecasting a net-profit plan with about 50% growth in Revenue and Expenses. As in historical years, the success of Global Events drive the topline performance for the foundation. With the return to SF and Dublin, along with a full-time Events staff, we believe there is growth in FY20 in this category of the budget compared to FY19. These events not only fufull our mission of education and community, they often give Corporate Supportors additional incentive to financially support the OWASP Foundation.
There is also a Comparison to FY19 forecasted actuals for your information.
Charity Spending Guidelines
Generally, it is best practice for non-profits to spend at least 80% of their funding on “Programs” - with the goal of getting to 85% or better. The FY20 budget forecasts the OWASP Foundation will spend 83.6% of its funds on Programming. Given our modest revenue target compared to larger non-profits, this is a great accomplishment and directly reflects the alignment of our Operating Plan and Budget to our mission which includes promoting techniques and the importance of secure software, hosting and nurturing open source security projects, local chapters and advocacy, along with learning and educational gatherings.
APPROVED by Board of Directors for 2020
Income
Conferences
Registration
Global AppSec
Dublin $321,282
San Francisco $602,000
Global AppSec Training
Dublin $187,000
San Francisco $382,500
AppSec Days $25,000
Regional Events
AppSec California $150,000
AppSec Days AU $120,000
LASCON $95,000
Local Events $100,000
Event Sponsorships
Global AppSec
Dublin $495,000
San Francisco $725,000
Regional Events
AppSec California $300,000
AppSec Days AU $75,000
LASCON $50,000
Local Events $135,000
Other Conferences
Corporate Sponsorship $175,000
Membership
Individual $143,750
Corporate $500,000
Donations
Corporate $100,000
Individual $125,000
Online Training $75,000
Interest $5,000
Total Income $4,886,532
Expenses
Conferences
Global AppSec
Dublin $665,467
San Francisco $607,034
Global AppSec Training
Dublin $80,071
San Francisco $217,896
AppSec Days $60,000
Regional Events
AppSec California $310,000
AppSec Days AU $125,000
LASCON $120,000
Local Events $200,000
Projects $50,000
Chapter Expenses $250,000
Marketing
Local Partnerships $25,000
Global Partnerships $40,000
Online $25,000
Branding & Trademarks $25,000
Event Promotions $50,000
Public Relations $50,000
Travel
Board F2F Meetings (2x/yr) $50,000
Projects Summit Travel Assistance $150,000
General Travel Assistance $25,000
Staff $75,000
Grants
Legal & Insurance $10,000
Staffing
General & Administration $157,000
Community & Membership
Programs $682,000
Projects
Marketing
Events Management
Fundraising & Development $210,200
Professional Services $120,000
SEO and Services for Web Migration $50,000
Bank Service Charges $66,000
Other G&A $60,000
Software/Internet/Hosting $10,000
Bad Debt $10,000
Total Expenses $4,575,668
P/L $310,864
Quarterly Plan
Q1 Q2 Q3 Q4
Income $715,950 $333,450 $1,342,982 $2,453,800
Expenses $688,900 $623,350 $1,346,388 $1,665,780
Global AppSec San Francisco Budgeted P/L
Income
Registrations $602,000
Training $382,500
Sponsorships $725,000
Total Income $1,709,500
Expenses
Catering
Conference $205,228
Training $64,896
Social Events $171,143
Expo $20,730
Meeting Room Rental
Trainer Fees $153,000
A/V $86,600
Printing & Branding $16,600
Accommodation $22,966
Travel $19,400
Internet $32,475
Hard Goods $6,901
Marketing $25,000
Staff Services $100,000
Total Expenses $924,939
P/L $784,561
Global AppSec Dublin Budgeted P/L
Income
Registrations €292,075
Training €170,000
Sponsorships €450,000
Total Income €912,075
Expenses
Catering
Conference €138,373
Training €11,061
Social Events €141,072
Expo €20,020
Meeting Room Rental €165,000
Trainer Fees €68,000
A/V €16,500
Printing & Branding €16,869
Accommodation €17,615
Travel €20,200
Internet €27,500
Hard Goods €6,463
Marketing €20,000
Staff Services €100,000
Total Expenses €768,672
P/L €143,403
Please note, Global AppSec events include at Staff Services charge back that when rolling up to the Foundational budget is already accounted for in Staffing Expenses.