At WMAU, we've recently had a request from one of our members for a monthly report of the chapter's financial situation to be made available to members. This is somewhat unusual, as I don't recall ever being in an organisation that has done this on a monthly basis for its members, as opposed to an end-year summary at the AGM, which we do already do. What I think is specifically being requested is a balance sheet and P&L statement as at the close of every month. I'm a bit hesitant to do this to be honest, while I often answer specific questions from members, unaudited MA figures can sometimes be misleading and move about a bit as various adjustments are made for the auditor. Naturally, within five minutes of being released to our members, the documents could be anywhere, so it's as good as making them public. Does any other chapter provide this sort of high level information on a regular basis, other than at the annual general meeting (or equivalent)?
We'll also be seeking advice from the relevant department of government on this question, but I wonder if anyone else has some experience or perspectives to share?
Thanks,
Craig Franklin
Wikimedia Australia