Potential Earned Ticket Revenue

Tickets Price Quantity Revenue if Sold

Single Day ($ 40.00) 3,000 ($ 120,000)
Weekend Pass ($ 70.00) 3,000 ($ 210,000)
VIP One Day Pass ($ 100.00) 500 ($ 50,000)
VIP Two Day Pass ($ 150.00) 500 ($ 75,000)
Subtotal 7,000 ($ 455,000)

Year 1 Budget Year 2 Budget

INCOME
Earned Income
Single Day Tickets ($ 100,000) ($ 80,000)
Weekend Pass Tickets ($ 105,000) ($ 140,000)
VIP One Day Pass Tickets ($ 5,000) ($ 2,000)
VIP Two Day Pass Tickets ($ 7,500) ($ 12,000)
Merchandise Sales ($ 10,000) ($ 10,000)
Food/Bar Sales ($ 20,000) ($ 25,000)
Subtotal ($ 247,500) ($ 269,000)
Contributed Income
Corporate Support ($ -) ($ 10,000)
Foundation Support ($ 10,000) ($ 10,000)
Subtotal ($ 10,000) ($ 20,000)
TOTAL INCOME ($ 257,500) ($ 289,000)
EXPENSE
Artists
Artist Fees ($ 60,000) ($ 40,000)
Artists Backline ($ 20,000) ($ 15,000)
Subtotal ($ 80,000) ($ 55,000)
Rental Space
Seaside Pavillion ($ 4,300) ($ 4,300)
Subtotal ($ 4,300) ($ 4,300)
Salaries and Wages
Staff Salaries ($ 50,000) ($ 50,000)
Subtotal ($ 50,000) ($ 50,000)
Insurance
Insurance ($ 30,000) ($ 30,000)
Subtotal ($ 30,000) ($ 30,000)
Marketing & Communications
Advertising & Promotion ($ 20,000) ($ 20,000)
Subtotal ($ 20,000) ($ 20,000)
Food/Bar
Food/Bar Expenses ($ 30,000) ($ 25,000)
Subtotal ($ 30,000) ($ 25,000)
Licensing/Permits
Licensing/Permits ($ 15,000) ($ 15,000)
Subtotal ($ 15,000) ($ 15,000)
Equipment
Production/Stage Equipment ($ 30,000) ($ 30,000)
Lighting ($ 20,000) ($ 20,000)
Subtotal ($ 50,000) ($ 50,000)
TOTAL EXPENSE ($ 279,300) ($ 249,300)
Net Loss/Gain ($ (21,800) ($ 39,700)