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Old 02-18-2005, 09:50 AM   #11
Dojo: Memorial University Aikido Club
Location: St John's, Newfoundland
Join Date: Nov 2004
Posts: 49
Re: Where does the money go?

Our dojo is non-profit with some ties to university it is located (Memorial University of Newfoundland). The fees are $55 students and $80 non-students per semester with a yearly $15 CAF fee. (Canadian Currency)

The reason for the difference in fees I beleive is because students are partially sponsered by the university and so for us the overhead is cut down. The rest of the money goes to insurance, overhead, etc. As well I beleive some goes towards seminars in case not enough people show up to a seminar it's still covered.

The rest probably goes towards a few pizzas when we have Aikido parties.

It all adds up I guess.
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