To save money during these rocky economic times, the High Country News board of directors held its first-ever board meeting via telephone and the Internet on Jan. 30. Not surprisingly, the meeting focused on HCN's financial condition and what the organization is doing to survive in today's down market. Before the holidays, a dip in subscriptions and advertising and Research Fund revenue led the staff and board to conclude that the organization needed to shed $225,000 in expenses over the year to make ends meet. The staff immediately instituted $100,000 in cuts, ranging from limits on travel and equipment purchases to reduced hours for several employees and no holiday bonuses.
Fortunately, our revenue picture has brightened considerably due to generous contributions from you, our readers, and a rebound in subscriptions. The revised budget the board approved Jan. 30 calls for a more modest $25,000 in additional expense reductions. One thing this deep recession has reinforced for all staff: We are fortunate to have meaningful jobs supported by such an amazing community of people. Thank you!
New "culture vulture"
Marty Durlin, HCN's online editor since September '07, is now an assistant editor, working half-time. She's in charge of selecting stories for our culture and communities coverage, supported by a generous grant we recently received from the Packard Foundation. She welcomes ideas from readers, sent to email@example.com.