Summer My Way camper Cole Porter, 11, launches onto a waterslide July 8 during water day at the Center of Anna Maria Island, 407 Magnolia Ave., Anna Maria. Islander Photos: Courtesy CofAMI
McKenzie Campany, 10, reacts July 7 while feeling a hidden item during Fear Factor challenges during Discovery Camp.
Isabella Toxler, left, and sister Sophia, both 5, right, hold fish they caught July 9 while participating in the center’s fishing specialty camp.
Ceramics instructor Emma Giovanni watches July 8 over summer campers doing crafts as part of the nonprofit’s ceramics specialty camp.
Adventure Time summer campers Giovanni Varisco-Questell, 14, left, and Max Pekarskiy, 12, right, hold prizes they won July 8 in the arcade at Bowlero, 4208 Cortez Rd. W., Bradenton.
The Center of Anna Maria Island’s fiscal year ended, but the final numbers aren’t ready for the public.
Nevertheless, it looks like the nonprofit may finish in the black for the fiscal year that ended June 30.
The center was $52,960 in the black through May, according to an earlier report from the nonprofit.
“We are fortunate that the center will likely finish the fiscal year in the black once again, after accounting for all the program losses and capital repairs incurred from last hurricane season,” executive director Christopher Culhane wrote in a July 16 email to The Islander.
The center was in an even better position through April, when it was $132,651 in the black, but it recorded $79,690.94 in losses over the month of May.
Those losses can be attributed to the second-lowest amount of total program income for a single month — $10,222.46 — in fiscal 2024-25.
Despite that low in program income, the center spent $79,727.74 on general and administrative expenses over the same month — the most of any single month for the year.
Those numbers result in a $69,505.28 loss, the largest operations of the year, from operations in May.
That loss was not offset by fundraising over the month, resulting in $8,673.72 in fundraising losses.
While May was a bad month, the beginning of the center’s youth summer camp offerings on June 2 may change that outlook for the final fiscal year.
If the center finishes fiscal 2024-25 in the black, it would mark its second year in a row of doing so after falling $257,887 in the red in fiscal 2022-23.
Culhane wrote that work on capital improvements originally scheduled for completion before the end of fiscal 2024-25 would begin soon, and those costs would fall to fiscal 2025-26.
Some of those improvements include roof and scoreboard repairs, field and facility maintenance, as well as new fencing.
“Fortunately, the community support we received this past year will help offset many of these capital needs,” Culhane wrote.
The center has not released a budget for fiscal year 2025-26, which began July 1.
