One of Laboratory B’s goals is to be as open and transparent about how it works. This includes the financials.

The Lab operates on a limited income base, with primary financial support coming from its member dues (sliding scale $30-90/month) and donations from communtiy members.

The Lab’s current monthly operational expenses are:

  • Rent & Utilities: $975
  • Insurance and other misc expenses: ~$100.

When our operating reserves exceed a member-determined target amount, 75% of the surplus in any month where more money comes in than goes out in operational expenses is allocated to a pool that can be used for purchasing new tools, consumables, and other items the Lab needs. Decisions about such allocations are made at the monthly member meeting.

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