The

Grand Traverse Theatre Annual Operating Budget 2016

Gala

General
Development Education

Theater
(Building)
Expenses

Marketing

General
General
Administration Production

EARNED INCOME
Membership Fees
BOX OFFICE INCOME
Group Sales
Student Matinee Tickets
Member Tickets
Interest and Dividends from Investments
Concessions Income

TC Christian
School
The Lion
Concert
King

Open Mic
Night

RENT

20,000
14,000 12,000 29,750 4,500 22,500
2,800
2,400
100
5,000
1,000
1,200 200 2,125 2,250 1,875
400
700 800 850 450 750

Ticket Handling Charges

Misc Earned Income
GALA INCOME
Benefit Tickets
Benefit Donation
Benefit Auction Income

TSO 72
Hours

Summer
Theatre
Camp

Projected
Budget
20,000
82,750
5,200
100
5,000
1,000
7,650
400
3,550
30,000 30,000

50,000
8,000
3,000

50,000
8,000
3,000

CONTRIBUTED INCOME
Contributions - Individuals
Contributions - Board Dues
Contributions - Corporate
Contributions - Foundations
Contributions - National Endowment for the Arts
Contributions - Michigan Council for Arts and Cultural Affairs
Contributions - Traverse City Downtown Development Authority
Donated Goods/Services

26,000
18,000
18,250
220,000

Total Revenue 61,000 -

26,000
18,000
18,250
1,000 2,000 10,000
5,000 1,000 239,000
15,000
15,000
10,000
10,000
2,000
2,000
500
500
2,000 3,000
282,750
16,900 15,900 50,525 7,300 32,525 33,000 547,900

EXPENSES
Administrative Salaries
Artistic Salaries
General Prod Tech Salaries
Artistic Salaries - Programming
Crew Salaries
Carpenter's Salaries
Electrician's Salaries
Box Office Salaries
FICA Expense
Directors and Officers Insurance
Michigan Unemployment Insurance
Workers Comp/ Disability Insurance
Health Insurance
Adm Fees/ Consultants
Computer Fees
Fire Inspection
Mail House Fee
Design/Graphics Production
Photography
Printing/Copying
Office Equipment/Computers
Web Site/Network
Office Supplies
Postage
Gifts
Special Events - Gala
Conference/Workshop Fees
Local Transportation
Advertising
Telephone
Rent
Utilities
Telephone/Computer Repair
Liability and Property Insurance
Cleaning Services/Supplies
Building Repairs/ Maitenance
Bank Charges
Payroll Service Fees
Credit Card Charges
Interest Expense
Misc Expenses

40,000

24,000 120,000
66,000
1,000
5,000
4,000
5,000

3,080 -

1,040 800 -

2,000

240
1,848 14,322 1,155 18
2,003
624 4,836 390 6
480 3,720 300 5
12,000
2,000
175

1,000

180 350 50 280

168 27 81 22 57 9 27 7 44 7 21 6 -

200 213 113 188

2,000
400 580 520 400
320 464 416
600
512 742 666 -

1,900
100 400
20 29
150 150
16,520

60 40 50 70 40 70 200
3 2 2 3 4 400
20
20

800
640 500
9,050 2,200 3,100
2,600
800 4,500
26 20 40 100 500

105 420 -

50 30 40 60 70

200 500
320 800 -

500 1,000
800 1,600

750
840 4,725 63 42 53 74 42 74 210
2,000 200
5,000 4,000 10,000 1,000 8,000 2,500
600 3,200

35,000
16,000
1,600
10,000
4,000
6,000
2,000
3,000
4,500 112 96 238 36 180 240 4,000
1,500
Total Expenses 22,127 49,685 1,628 63,420 44,522 271,056
5,675 7,540 12,147 2,617 10,279 5,510
Net Income
38,873 (49,685) (1,628) (63,420) (44,522) 11,694
11,225 8,360 38,378 4,683 22,246 27,490
3,400 80

184,000
66,000
1,000
8,000
4,000
5,000
1,100
20,721
2,003
6,997
5,382
12,000
2,000
888
2,000
2,950
1,840
3,300
14,490
5,300
4,500
6,330
148
1,340
16,520
750
6,647
32,700
3,800
35,000
16,000
1,600
10,000
4,000
6,000
2,000
3,000
8,882
4,000
1,500
513,686
34,214