2011 FINANCIAL STATEMENT
2011 FINANCIAL STATEMENT
am pleased to report that we have made great progress this year toward having a more solid
I financial footing for our organization. We continue to make adjustments to our expenses to run as lean as possible and still be able to fulfill our mission of bringing entertaining and educational programs to our community, state and region. While we ended the year with a slight deficit( less than 1 % of our total expenses not counting depreciation) we made huge strides toward our overall financial stability. The Big Top Board has gone through a serious Strategic Planning process and outlined our path forward through 2015 – positioning us to be ready for facility upgrades as they are needed and to“ weather” the inevitable storms that come the way of any arts organization – let alone one that spends three months outdoors under a canvas tent! We thank and greatly appreciate each of you for your part in keeping Lake Superior Big Top Chautauqua strong for this generation and the next!
Kim Ogle
2011 OPERATING REVENUES |
Ticket Sales, Fees and Tax * |
$ 947,531 |
Donations |
$ 236,722 |
Sponsorships( Show, TSR, Bart Bus, Tour) |
$ 135,585 |
Touring |
$ 100,552 |
Big Top Gift Shop |
$ 71,198 |
Grants |
$ 41,239 |
Projects, Advertising, Misc. |
$ 13,335 |
Keepers of the Magic Raffle |
$ 11,173 |
Total Operating Income $ 1,557,335
2011 OPERATING EXPENSES |
Program Expenses |
$ 1,097,341 |
Office & Organization |
$ 121,392 |
Publicity & Marketing |
$ 85,609 |
BTC / Tent & Grounds |
$ 56,983 |
Development Expense |
$ 56,925 |
Big Top Gift Shop |
$ 54,403 |
Sales Tax |
$ 52,820 |
Management / Admin. |
$ 42,482 |
Total Operating Expense $ 1,567,955
Net Income / Expense- $ 10,620
8 % Office & Organizational
3 % General Mgmt & Admin
5 % Big Top Gift Shop
6 % Touring
Total Contributions
$ 424,719
Program Expenses
$ 945,515 Big Top Summer Series $ 105,390 BTC / BCO Tours $ 46,436 Tent Show Radio( TSR) $ 1,097,341
3 % Big Top Gift Shop
3 % Sales Tax
5 % Marketing
1 % Projects, Ads, Misc.
4 % Tent & Grounds
70 % Programs- Summer Series- Touring- Tent Show Radio
Treasurer
4 % Fundraising
Expenses
Other Expense- Depreciation $ 46,187 |
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* includes $ 23,748 canvas fees restricted for future tent purchases and other facility needs. |
Contributions 27 % Donations Sponsorships Grants Raffle |
Revenues +
61 % Ticket Sales Canvas Fees & Taxes
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+ Did you know all revenue from concessions and bar belongs to Mt. Ashwabay Educational Foundation? |
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