Historic Everett Theatre Preservation Society 4/11/2019

PROJECT BUDGET Please detail the budget for your project. Remember that though the City can pay no personnel costs(wages,benefits,etc.),such costs are eligible as a portion of yourmatching portion.The City can pay a share of such costs as postage,design and layout of printed materials,printing, and communications. Please specify whether your various matchitems will be either cash(C)or in-kind{I/K). Please list any other City money applied for or are receiving for the event? Project Name: Item City Match . . .C I/K . Total 1. Live at Historic Everett $ 20,000 $ $ 20,000 2. Newspaper $ 6,500 $ $6,500 $ 6,500 3. Television $ 18,000 $ $ 18,000 4. Radio $ 5,000 $ $5,000 5, Equipment Rental $30,000 $ $30,000 6. Facebook $500 $ $ 500 7, Other Expenses $ $ 550,000 $550,000 8. $ $ $ 9. $ $ $ 10. $ $ $ Totals . '.$ 80,000 n ", $550.000 $630,000 BUDGET NARRATIVE In the space below please offer any Information which you feel may provide useful background on your proposed budget such as source.and rate at which matching labor costs are calculated;-numbers of promotional pieces to be produced numbers of media ads to be placed,media outlets tobe Our budget is based on costs of shows produced. Each show will be different based on type of act and size of brand. Income is a direct result of ticket sales. Theatre rental is a per rental amount with very little expendure by our group outside of maintenance and utilities. Our fixed expenses,debt service and mortgage are constant while our variable expenses,utilities and maintenance are within a range based on history and unexpected expenses can change as a result of the age of the theatre. Our use of advertizing is dependent on the shows produced. Some require a substantial coverage while others,not so much, I've attached last years budget breakdown. The change in overall budget is a direct result of additional acts we will be introducing in 2019.