FEMYSO is an international non-profit NGO registered in Belgium, FEMYSO submits our aggregated annual accounts to the Belgian authorities.
Our Income streams consist of the following:
Institutional Grants
Similarly, to most European youth organisations FEMYSO applies for Institutional funding such as of the European Commission, European Parliament, the Council of Europe (study sessions) and the European Youth Foundation. As well on European foundations grants, for example from the European Network Against Racism (ENAR) and Open Society Foundations (OSF).
Member Organisation Fees
Another source of income comes from the Member Organisations’ annual membership fees. These membership fees are €300 for each Member Organisation, with an exception made for international Member Organisations who are requested to pay a higher membership fee.
Grassroots Fundraising
Grassroots fundraising involves the mobilisation and coordination of young Muslims on the ground, through FEMYSO’s members’ network and social media, to conduct fundraising campaigns that aim to raise funds for the general or specific activities of FEMYSO. Since 2019 FEMYSO has won LaunchGood fundraising challenges, with over 1500 individual donors, displaying the convening strength of the organisation. FEMYSO also allows for individual donations which can be made on our website.
Our aggregated financials since 2018 can be seen below:
Incomes
Incomes 2018
- Membership Fees
- 23.55%
23.546910351026% - Donations
- 66.4%
66.396596686557% - Subletting
- 10.06%
10.056492962417%
Membership Fees: €9,600
Donations: €27,069.68
Subletting of office: €4,100
Total: €40,769.68
Incomes 2019
- Membership Fees
- 12%
11.999017926533% - Donations
- 72.91%
72.909909527405% - Subletting
- 15.09%
15.091072546062%
Membership Fees: €2,600
Donations: €15,798.44
Subletting of office: €3,270
Total: €21,668.44
Incomes 2020
- Membership Fees
- 18.95%
18.948207993136% - Donations
- 46.57%
46.574219854393% - Subletting
- 11.12%
11.121165010409% - Council of Europe
- 1.56%
1.5622188816622% - ENAR
- 10.71%
10.709270010024% - Subletting
- 11.08%
11.084918250375%
Membership Fees: €11,500.63
Donations: €28,268.26
Subletting of office: €6,750
Council of Europe: €948.19
ENAR: €6,500
EU-funded Project MEET: €6,728
Total: €60,695.08
Expenses
Expenses 2018
- Running costs (rent, insurance, internet, accountant etc.)
- 33.38%
33.382845589158% - ExCo meetings
- 42.27%
42.272013461695% - Membership Fees
- 0.17%
0.16518768624912% - Other expenses (bank fees, merchandise etc)
- 12.7%
12.69656784038% - Administrative staff
- 11.48%
11.483385422517%
Running costs (rent, insurance, internet, accountant etc.): €15,156.78
ExCo Meetings: €19,192.72
Membership Fees: €75
Other expenses (bank fees, merchandise etc): €5,764.61
Administrative staff: €5,213.79
Total: €45,402.90
Expenses 2019
- Running costs (rent, insurance, internet, accountant etc.)
- 55.13%
55.130142478837% - ExCo meetings
- 41.72%
41.718241711562% - Membership Fees
- 0.28%
0.28143782456817% - Other expenses (bank fees, merchandise etc)
- 2.8%
2.8030456826124%
Running costs (rent, insurance, internet, accountant etc.): €14,691.45
ExCo Meetings: €11,117.44
Membership Fees: €75
Other expenses (bank fees, merchandise etc): €746.98
Total: €24,648.87
Expenses 2020
- Running costs (rent, insurance, internet, accountant etc.)
- 42.03%
42.025202426826% - ExCo meetings
- 56.52%
56.522558288829% - Membership Fees
- 0.6%
0.59761639129657% - Other expenses (bank fees, merchandise etc)
- 0.85%
0.85462289304837%
Running costs (rent, insurance, internet, accountant etc.): €13,361.06
ExCo Meetings: €17,970.2
Membership Fees: €190
Other expenses (bank fees, merchandise etc): €271.71
Total: €31,792.97