We have officially almost been open a year... at Bike Farm in Portland...
we just moved into a commercial space and paying rent is SCARY!
1) most funding comes from selling new and used parts, memberships and stand time
2) we aren't quite covering our costs yet... savings it is.. and were subleasing our space.. to help us ge through the bleak winter.
3) No paid staff.... we volunteer makes it easier
4)We are hoping to be financially self sustaining by next summer.... bt we may have to host a few fundraisers to make sure we meet rent this year!... no grants... grants generally dont fund rent.... only programs.... we just wrote a grant for around $3000 for 3 programs.
hope that helps!
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