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:
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 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:
Membership Fees: €9,600
Subletting of office: €4,100
Membership Fees: €2,600
Subletting of office: €3,270
Membership Fees: €11,500.63
Subletting of office: €6,750
Council of Europe: €948.19
EU-funded Project MEET: €6,728
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
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
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