February 28, 1958
THE SALEMITE
Page Three
Student Organizations Disclose First Semester Budget Reports
At a recent meeting of the Presi-
dents’ Forum, it was suggested that
tfie students be given an oppor
tunity to see how their money is
being spent. For this reason, the
Salemite is publishing the record
of the Student Budget organiza
tions expenditures.
May Day
The expenses of the May Day
Committee vary from year to year.
In Septembr, this year’s balance
of $217.61 was brought forward.
Along with the Student Budget,
which was $324.45 this year, the
May Day Committee began the
semester with $542.08 in its treas
ury. In addition to Student Bud
get, the Committee gets a commis
sion from the Coke machines on
campus. This consession averages
about $120.00 a year.
During Orientation Week a small
amount of money was spent on the
May Day Booth at the Club Carni
val and on photography at the
freshman fashion show. However,
expenses in the fall are spent pri
marily on the May Day elections—
publicity, decorating the election
boxes, conducting the elections, and
a small token of recognition to
the student chosen May Queen.
The majority of the Committee’s
expenses begin in the spring in
preparation for the May Day page
ant which will be held this year
on May the third. The main ex
penses of the pageant are the
costumes, sets and props. Other
expenses are the amplifier system,
records, photography, programs,
and publicity. The Committee also
pays for its layout in the Annual
which averages about $35.00 a year.
The May Court’s dresses and flow
ers are paid for by the girls in
the Court and are of no expense
to the Committee.
This year, Jane Brides, Chairman
of the May Day Committee, is
planning a spectacular pageant and
there is the possibility that all that
is in the treasury may be used for
it.
I Represent Salem
The IRS received $144.20 from
the Student Budget this year. This
annual allotment, subject to change
from year to year, together with
whatever profits are made on the
Christmas and May Day dances,
and the balance carried over from
the proceeding year, comprise the
IRS operating expenses.
Students who attend the dances
will certainly assume that the IRS
makes overwhelming profits, con
sidering the large turn-out of
Salemites and their dates for the
festivities. Nevertheless, this is
not the case. Consider the recent
Christmas dance as an example.
The IRS, through ticket sales, col
lected $754.45; however, when the
expenditures for the dance amount
ing to $643.71 are Subtracted from
the ticket money, the actual pro
fit amounts to $110.74.
Other major expenses which the
IRS has yearly are combo parties
(during both orientation week and
the school year), pictures for the
Sights and Insights, IRS week and
the Birthday Dinner—^all of which,
with the exception of the annual
pictures, are for the benefit of the
student body. This, of course, is
just, for the purpose of IRS is to
serve the students.
The price of the dance tickets
plus the 40c per student included
in this year’s Student Budget, are
the only expenses any student has
toward IRS activities. The only
reason charges are made for dance
tickets it that it would be impos
sible for the IRS to finance en
tirely even one of the two major
dances and still have enough money
left to fulfill its organizational
Salemite
student body wall better understand
the position of this organization’s
finances—that the IRS is not rich,
rather that it has only the money
needed to carry out its projects,
and that the IRS is a service
rendering, and not a profit-making
organization.
Sights and
Insights
Salemites have probably often
wondered where their money goes
in publishing the Sights and In
sights. This year the Student Bud
get was $3,527.70 but, this amount
does not cover the cost of printing
the book. The cost of publishing
the yearbook is over $6,000 each
year. The additional funds are
raised from selling ads. This year
our assets total $3,060 from ads.
Also additional income is gained
from the commission on class pic
tures and the sale of extra copies
of the Annual making a total this
year of about $243.00.
The annual expenditures this
year are as follows;
Class pictures $ 452.50
Blouses for class pictures 24.63
Photography 353.52
Engraving 1,722.00
Printing -■ 4,000.00
Miscellaneous — 44.00
1st Semester Budget—Salemite
Income
Bal. Brought Forward ..
..$ 6.96
Local Advertisements ...
. 386.93
National ■
. 327.31
(Cigarettes, Coca-Cola,
Greyhound, Airlines)
Student Budget
.. 1,423.98
Subscriptions
7.40
Total.
..$2,152.58
Expenditures
Printing ---
...$1,138.75
Typewriter repairs
. 24.00
Stamps
26.00
Engraving
... 54.53
Mats —
8.95
Photography
18.50
Asso. Collegiate Press
... 17.50
Total
$1,313.65
Balance
.. 838.93
Printing for 1 page of
the paper
.... 18.75
Stee Gee
Receipts:
Received from Student Budget
$270.38
Carried over from last
year’s budget 167.38
Additional sources of income:
Peanut machine concession 149.66
Seven-up mach. concession 67.94
..$655.36
Total income -.
Expenditures
Attention Please $139.61
Stationery 17.95
Stamps for official letters .... 32.12
U. S. N. S. A. dues - 37.50
Conventions 89.50
Upkeep on typewriters 12.00
Orientation party 13.38
Stencils, envelopes 7.50
Memorial for Claudia J arret 10.00
Busy notices 9.55
Book Store ■ 16.53
Exam teas — 14.04
Prize for the Christmas contest
3.50
Total... $6,600.00
Pierrettes
Scenery $116.13
Costumes 104.93
Publicity 75.45
Lighting 75.00
Total — $371.51
Received from Student Budget
$270.38
YWCA
Balance brought forward ....$405.89
Student Budget $270.38
Total $676.27
Expenditures for 1957-58:
Y Retreat—Camp Hanes $ 60.00
National Y. W. C. A. dues..-.$ 17.50
CARE contribution -- $ 15.00
Christmas Party—
Memorial Ind. School $ 96.00
Donation—■
“Church of all Nations and
Neighborhood House” .$ 50.00
Foreign Student Party $ 75.00
Easter Egg Hunt and Party
Memorial Ind. School -.$ 90.00
Exam teas $ 15.00
Religious Emphasis Week
(speakers) $ 50.00
Total expenditures to date...$403.18
Class
The Freshman class budget;
From the Student Budget ....$161.00
Withdrawals :
Flowers and ttelephone calls..$ 11.69
Total balance $149.31
The Sophomore class budget:
From the Student Budget ....$116.15
Forwarded $117.56
Total - $233.71
Withdrawals :
Rat Week $ 45-00
Christmas ^ $ 52.00
Book Store bills $ 28.00
Present total balance $111.50
* * *
Junior Class budget:
Balance brought forward $ 58.55-
Student Budget 89.70
funior breakfas t 111.50
Expenditures 5.00
Total balance ..$254.75
■me NEW CRUSH-PROOF BOX IS A R£AL OISCOVBiy, 700f
R. J. REYNOLDS TOBACCO C0„
WINSTON-SALEM. N.C.