Financial Transparency
Transparency, including financial transparency, is at the core of AMCAC’s values. Critical to our mission and values, half of all program revenue goes to facilitators (including lecturers, trainers, and critique leaders). This page will list organizational expenses, structure, and eventual owner draws/salary once sustainable and possible. Currently, AMCAC operates as a sole proprietorship, and no one, including Phil Garber, makes money from the organization. Once initial funding is secured, AMCAC will transition into an LLC or 501(c)3 non-profit. Only after organizational needs are met will Phil Garber consider an “owner draw” (paying himself from the monies of the organization). If and when those owner draws occur, they will be structured, modest, and documented here. This would occur if AMCAC becomes an LLC; in the case of becoming a non-profit, Phil Garber would draw a reasonable salary, documented here.
AMCAC will not be remote forever. A large-scale crowdfunding effort is planned for Summer 2025. As we approach that date, anticipated costs for an office, insurance, equipment and other overhead will be posted here, along with anticipated funding avenues.
Current Expenses While AMAC is Remote:
Website and email: $36.00/month USD
Hosting: $20.00/year USD
Zoom Workspace: $15.99/month USD