First Patreon Transparency Report (Patreon)
Content
My degree, and first jobs out of college, were accounting jobs. Money, how it flows, debits and credits, reporting, and transparency, are deeply ingrained.
As a result, I figure that while I could keep everything private, I might as well let all of you who care know the current financial breakdown of BTDEM.
Note: This is a lot of boring financials, and not really worth digging into unless you're deeply interested.
Expenses so far:
Book 1 Cover: $350
Magic Circle Artwork: $50 + $15 in tips
Patreon/Royal Road Artwork Banner: $185 + $10 tip for early completion
Patreon Icons: $25 (Same artist as the magic circle)
Royal Road Premium: $5+$5
Book 2 Cover (Incentive for reaching 50 Patreons): $350 (Same artist)
Total expenses: $995
Revenues:
September:
Baseline: $31
Refunds: $0
Fees: $5.40
Operating Income: $25.60
October:
Baseline: $385.88
Refunds: $0
Fees: $71.02
Operating Income: $314.86
Operating Income September + October: 340.46
Total Profit/Loss: ($654.54)
I do plan on putting the book on Amazon (chapters 1-50 are "book 1"), and with a tiny amount of luck, I'll be able to get the $350 cover artwork fee back from that.
All Patrons will get a free version of the e-book if I ever figure out how to make it work.
The work will always be on Patreon and Royal Road - I'm not going down the Kindle Unlimited route.