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Anime Herald Financial Report For Fiscal Quarter 3, 2025 (Ending 9/30/2024)
🕑 Added 2024-11-04 02:34:02 +0000 UTCIntroduction
As part of our efforts to maintain full transparency within our operation, it has been decided that every quarter, the chief officer of Anime Herald, LLC must compile a quarterly report detailing our financial results.
This document outlines our organization’s finances, as well as an evaluation of our performance over Quarter 3 of our 2025 fiscal year, which ended on September 30, 2024.
Notes:
Unless stated otherwise, all values are in US Dollars
Current Finances
As of October 1, 2024, Anime Herald has $3,255.42 in total cash on-hand. Of this, $600 is reserved for articles commissioned and approved, with $300 being held for writers, and $300 for editors.
Income
For our most recent fiscal quarter, Anime Herald reported a total of $1,672.06 (average of $557.33 per month) in total revenues. The breakdown is as follows:
Patreon: $1,252.76
Ko-fi: $408
Interest Income: $10.05
TeePublic: $1.25
This quarter, we saw an increase in general subscription revenues via Patreon, as well as two large, one-time donations via Ko-fi. We are thankful to our backers, who continue to make it possible for us to keep growing and evolving as a publication.
Expenses
Our overall expenses this quarter were low, as we entered a publication lull during the period. A majority of published articles were convention reports by Samantha Ferreira, or interviews that were edited by Samantha. In either case, the overall cost was reduced (or, for Samantha’s articles, eliminated).
Invoices are composed of payments to writers and our editorial team for articles, as well as Samantha’s $50 monthly salary. This quarter, Samantha waived her salary for all three months, as she was on sabbatical. As such, this quarter, Anime Herald posted a total of $725 in invoice payments, which were paid out via the Anime Herald bank account.
Infrastructure costs this quarter, which include hosting for the Anime Herald website, as well as renewal for our server backup tool at Blogvault. Blogvault’s annual renewal was priced at $150, or $50 per month. Meanwhile, Digital Ocean cost $62.92 per month, or $188.76.
Blogvault was paid for using Samantha Ferreira’s personal funds; this will be moved to the Anime Herald account next year.
In addition, we maintain an account with Google Workspaces to handle both document sharing and email accounts for the organization. This cost $182.32 ($60.77/month), which was paid for using the Anime Herald bank account.
Miscellaneous Expenses
Anime Herald recorded two categories of “Miscellaneous” expenses this quarter. The first is $1.77 in surcharges on incoming PayPal payments.
Totals
For the third quarter of Fiscal 2025, Anime Herald, LLC saw $1,247.85 in total operating costs. Of these, $338.76 was paid via Samantha’s personal funds. $909.09 was paid directly, using Anime Herald’s accounts.
Against earnings of $1,672.06, Anime Herald recorded a total profit of $424.21 for the quarter.
We are entering our fourth quarter on our strongest footing yet, as we’re very well ahead of expectations for the year. We’ve managed to end three of the past four quarters ahead of expectations and will close out the year with a strong rainy day fund.
I’ve begun making evaluations to see if we can make increase payouts for our writers and editors. We will not be able to reach the lofty goal of $75 an article yet, but we are considering fourth-quarter expenses and looking at the scope of possible adjustments against our annual expenses.
With this in mind, we have chosen to be pragmatic and keep our break-even goal at $500, which will grant us roughly $61.24 per month (according to annual calculations) as a buffer.
Our next fiscal report will be due on January 31, 2025, and will be our annual report.
