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

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			* 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	+ Did you know all revenue from concessions and bar belongs to Mt. Ashwabay Educational Foundation?
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