The Financial Health of the Cathedral
It costs over $3,000 a day to continue our Cathedral ministries of pastoral care, social outreach, social justice, hospitality, worship and music in a heritage building.
We have five different income streams.
Congregational giving represents the annual pledges and donations given by the members of the congregation.
We are grateful for the Diocesan Support we receive.
Income from the wider community includes the gifts from those lighting a prayer candle, attending events, dropping a donation into our maintenance box or in the collection plate during a service. It also includes income from weddings and other occasional offices.
The Cathedral is blessed with income from Investments, which grew and grows from the contributions of parishioners past and present.
Our Rental income is the result of the "development" of the office tower and mall in the 1980s. It does not grow (not inflation-proofed).
Cathedral Income - 2025 Year-End
The work of our Cathedral
Our expenses can be divided into four different areas.
Beyond Ourselves - this part of the budget is for outreach and includes our contribution to the work of the Diocese and the National Church.
Open Cathedral - this portion is spent on keeping the Cathedral open seven days a week and keeping the building in good repair.
The Cathedral's Worship life: services, music and education, all to the glory of God.
Parish Support - our office support staff and the overhead expenses of the mother church of the Diocese.
Cathedral Expenses - 2025 Year-End
Budget for 2025: Income of $981,666 to cover expenses of $1,088,325
Year-end 2025: Income of $1,031,671 to cover expenses of $1,112,397
Budget for 2026: Income of $983,558 to cover expenses of $1,131,575
Campaign in process - our target for 2026 is $152,000

