Loomio
Sun 4 Mar 2018 3:32AM

Budgeting Discussion

MC Matthew Cropp Public Seen by 28

I finally got around to downloading the .csv from OpenCollecitve and making a chart of month-by-month monthly recurring contributions through February.

My spreadsheet-fu is not great, so I only played with the numbers for monthly donors, so annual donors (whose net contributions were $924.23 in this period) are not reflected in the graph.

I'll be curious to see if March moves higher with the wave of new folks now that onboarding is fixed.

This also got me thinking that, now that it seems like we have a good sense of the "floor" of our budget, we should start thinking about how to deploy some of our aggregated resources to improve our work and benefit our members, and well as set goals for things to do as we hit specific financial milestones.

For process, let's start with a conversation in this thread, and then aim to schedule a synchronous call in the coming month or two.

MC

Matthew Cropp Sun 4 Mar 2018 4:01AM

One thing I would like to see us do is make some sort of donation to the Mastodon dev team. It looks like they primarily use patreon, so I'm not sure how that would interface with Patreon, but I'd imagine there are other vectors that could be used for a one-time contribution.

Longer term, I do think it would be good to contribute some % of our revenue to the core devs as appreciation/support for the further development of the infrastructure that we use, though to do so effectively it would be helpful if OpenCollective made it easier to generate reports vs. having to download and wrestle with a massive csv file.

MC

Matthew Cropp Sun 4 Mar 2018 4:43AM

Also, @mayel, what's our current monthly hosting expense?

NS

Nathan Schneider Sun 4 Mar 2018 9:52PM

Thanks for getting this moving. I would envision something along these lines:
* A regular budget supporting maintenance labor (maybe retainer-payroll-based)
* A regular budget supporting development of new tools (maybe according to some kind of non-exploitative bounty system)
* Regular contributions to Mastodon and perhaps aiming toward the full pay-rate for Loomio.

MC

Matthew Cropp Sun 4 Mar 2018 10:11PM

I think were we to plan based on $150/month for, say, the next six months, that would be conservative enough to let us keep building our reserve while also doing some meaningful things. Right now our monthly outlay is $36.10 for hosting, domain and Loomio. To your points:
- I think the regular contributions to Mastodon would be good, but the two barriers are (A) the labor intensiveness of figuring out our monthly take from OC if we wanted to do a % of that, and (B) the question of how to do the regular contributions. Would (and could?) we set up a social.coop librapay account? Or would Gargamel need to go to OC each month to "invoice" us? In the meantime I'd like to advance a proposal to make a one-off contribution that would be enough to get us sponsor space on the joinmastodon.org website for a few months.
- Bumping up to regular $19/mo Loomio pricing seems reasonable. If we're bringing in a couple hundred a month, it feels like we're on the borderline of a shoestring community group and a solidly established project.
- For maintenance labor, I feel like we still need to have a conversation vis a vis exactly how to structure such a thing. It seems like the simplest approach that would work under our opencollective framework would be to contract with someone-as-freelancer/contractor to do a list of tasks along the lines of updating to newest version within 7 days of release, etc.
- For "new tools," do you mean new Mastodon services? Or new social.coop service offerings.

MC

Matthew Cropp Sun 4 Mar 2018 10:17PM

So, perhaps a budget could look like:
- $19/mo - Loomio Gold^
- $7.10/mo - .coop domain^
- $24/mo - hosting^
- $40/mo - "Silver Sponsor" of Mastodon Dev Team
- $50/mo - Mastodon Tech Lead stipend

=$140/mo, though might bump up a bit if we need to scale the hosting further.

Bumped from current $5/month

Current expenses

MC

Poll Created Sat 24 Mar 2018 2:15AM

EXPENSE: Make a $100 contribution to the Mastodon Project Dev Team Closed Fri 30 Mar 2018 2:01AM

Outcome
by Matthew Cropp Fri 30 Mar 2018 4:16AM

Proposal passed. I will move forward with making the donation happen!

I think we should eventually establish a monthly contribution to the Mastodon development team to support the improvement of the infrastructure at the heart of our co-op.

In the meantime, since we currently have $2,170.77 in reserve, I would like to propose we make a $100 one-time donation to Eugen via his Paypal page (Paypal is how OpenCollective disburses funds).

Results

Results Option % of points Voters
Agree 100.0% 5 MC MN LS MK C
Abstain 0.0% 0  
Disagree 0.0% 0  
Block 0.0% 0  
Undecided 0% 3 NS TB MDB

5 of 8 people have participated (62%)

MK

Michele Kipiel
Agree
Sun 25 Mar 2018 11:46AM

Makes sense to me. Also, let's see if we can turn this into a smaller, recurring donation as Nathan suggested

NS

Nathan Schneider Sat 24 Mar 2018 3:29AM

@matthewcropp why a big one-time donation rather than just starting monthly donations?

MC

Matthew Cropp Sat 24 Mar 2018 3:32AM

I feel like the recurring needs to be part of a larger budget formulation conversation that should be scheduled soon. As we don't currently have a timetable for that, I would like to take a one-off action in the meantime.

MC

Poll Created Wed 30 May 2018 6:26PM

Allocate up to $250 to compensate time for upgrading social.coop's Mastodon Instance to the most current version (2.4.0) Closed Tue 5 Jun 2018 6:02PM

Outcome
by Matthew Cropp Tue 5 Jun 2018 6:26PM

This proposal has passed! So, folks working on this who would like to participate in the incentive, please keep track of your time/labor contributions, and a check poll to aggregate the contributions will be launched upon the successful completion of the upgrade!

Proposal: Allocate up to $250 to compensate the time required to upgrade our Mastodon instance to the most current version (2.4.0).

Anyone who contributes labor to the process may choose submit their time contribution to the co-op via a check poll launched in the Finance Working Group to be launched at the completion of the upgrade, with relevant information such as hours contributed and work done included in the comment of the check. Once the total time contributed is received at the closure of the check poll, members may submit to be reimbursed for their pro-rated share of the $250, up to a maximum rate of $25/hour.

Note: As there is no working-group level budget at this point, upon the passage of this proposal at the WG level, it will be advanced to the full group for ratification.

Results

Results Option % of points Voters
Agree 90.9% 10 NS MC TB RB MN LS MK MDB R ES
Abstain 9.1% 1 NS
Disagree 0.0% 0  
Block 0.0% 0  
Undecided 0% 2 ELP ES

11 of 13 people have participated (84%)

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