2024 Half Year Financial Review (Patreon)
Content
There's some exciting Titanic wreck things happening, yes, but we need to ensure everyone who wants to know about our financials can still get the update! Here's the mid year rundown for 2024.
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 June, amazing people on Patreon gave a total of $57,087.58.
YouTube ad revenue was $10,397.30.
Donations via PayPal totaled $487.
The percent reserved from Britannic: Patroness of the Mediterranean sales was $1,306.80.
Licensing provided $8,150.
Sales, which came from WeTransfer purchases of the THG Deck Plans, were $141.60 (same as from all of Quarter 1.)
Miscellaneous and other income (some crew pay refunded) was $574.24.
Total income for the first half of 2024 was $78,144.52.
Expenses
Crew pay to fifteen of the VDR team members was $58,214.56.
Refunds sent out for more of the hand-painted model ships were $6,068.73.
Misc. crew pay (contractors and former crew obligations) was $8,832.70.
Subscriptions such as website hosting, clouds, etc., were $3,050.30.
Research costs totaled $784.05.
Postage that was mainly for sending Officers' Perks was $1,022.80.
Art and design costs were $434.74.
And miscellaneous costs and business expenses were $1,222.68.
Total expenses for Quarter 1, 2024 were $79,630.56.
So for the first half of 2024 we had a loss (technically) of $1,486.04. But we're not out here to make money - just survive and rebuilt Titanic in as many ways as possible!