Interactive Art: Budgeting

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1							Comments (delete this column when you are done)
2	Save the file and make your own version. If you downloaded this before May 7 14:30, please download again, there was something wrong with the formula and costs were not correctly calculated.	BUDGET AND FUNDING PLAN					This is not always the best way to create the budget for an application. Always read the instructions and guidelines for the specific application you are making.
3		Matti Medialab			Updated:	23/4/2024
4		I²A [Inter-Interactive Art]
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6		EXPENSES
7		item	# of units	unit cost	total cost	this application
8		Materials & Supplies
9		Electronic components	1	€100.00	€100.00	€100.00
10		Silicone for casting a soft robot	1	€250.00	€250.00	€250.00
11		Plywood	1	€100.00	€100.00	€100.00
12		Other materials (cables, small items)	1	€50.00	€50.00	€50.00
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14		Equipment & Facilities
15		Video Projector (rental, per month)	1	€250.00	€250.00	€250.00
16		Gallery Rent	1	€800.00	€800.00	€800.00
17		Transportation costs (van rental, gas)	1	€150.00	€150.00	€150.00
18		VR Headset - Oculus Quest 3, 512 Gt (inc. VAT)	1	€750.00	€750.00		AVEK does not fund equipment purchases
19		Computer	1	€1,000.00	€1,000.00		AVEK does not fund equipment purchases
20		Studio rent	3	€500.00	€1,500.00		in-kind contributions can be allocated as expenses and funding to the project, they need to be in both
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22		Personnel costs: Artistic work
23		Matti Medialab (2 months, working grant)	2	€2,500.00	€5,000.00	€5,000.00
24		Matti Medialab (1 month, in-kind contribution)	1	€2,500.00	€2,500.00		in-kind contribution needs to be both in expenses and funding
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26		Services
27		Laser cutting plywood [lasercutstudio.fi] (incl. VAT)	1	€100.00	€100.00	€100.00
28		Printing costs (incl. VAT)	1	€100.00	€100.00	€100.00
29		Outsourced services: Programming (incl. VAT)	1	€700.00	€700.00
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31		Other costs
32		Reserved for unexpected costs	1	€100.00	€100.00	€100.00	Keep these misc. costs to a minimum, some places like these, some not. Be very specific if you can.
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34				TOTAL	€13,450.00	€7,000.00	Make sure the expenses you list to be funded from AVEK are things that they approve
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36		FUNDING
37		source				this application
38		AVEK Media Art Grant (this application)	1	€7,000.00	€7,000.00	7,000.00
39		Aalto University (course budget)	1	€100.00	€100.00		You wouldn't include course budget when sending to AVEK or some other similar place, this is just to show some different sources of funding
40		Aalto University (Department of Media Grant, applied 10.12.)	1	€400.00	€400.00
41		Matti Medialab (self funding)	1	€200.00	€200.00
42		Matti Medialab (own equipment)	1	€1,750.00	€1,750.00
43		Matti Medialab (artistic work, in-kind contribution)	1	€2,500.00	€2,500.00		in-kind contributions can be work, equipment, spaces etc. that are provided to the project without any money being moved around
44		Matti Medialab (studio rent, in-kind contribution)	3	€500.00	€1,500.00
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46				TOTAL	€13,450.00	7,000.00	For AVEK project grant there always needs to be some other funding as well
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50		TOTAL
51				EXPENSES	€13,450.00	7,000.00	expenses and funding should be equal
52				FUNDING	€13,450.00	7,000.00	expenses and funding should be equal
53				RESULT	€0.00		this should be 0
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