Annual Report | Lake Superior Big Top Chautauqua 2012 | Page 5

2012 FINANCIAL STATEMENT

2012 FINANCIAL STATEMENT

Raising a tent in the Spring and keeping it up all Summer while over 25,000 people are superbly entertained is no easy task. It requires investors, and our investors come in many forms: ticket buyers, a dedicated and creative staff, a large community of volunteers, a supportive government as well as generous and engaged financial donors. All sharing a whole lot of passion to keep the magic happening year after year.

It also requires prudent financial decisions that meet the expectations of our investors by providing sustainability. I’ m happy to report that these decisions are being made and the 2012 financial results are proof of that. And you can expect this to continue. The strategic plan that guides the organization is sound and provides increased security for years to come. Thank you for your continued investment in Big Top Chautauqua and I look forward to seeing you under the tent for what’ s going to be another great year!
Best regards,

Robert Breunig

2012 OPERATING REVENUES
Ticket Sales, Fees, & Taxes *
$ 883,778
Donations
$ 141,159
Sponsorships( Show, TSR, Bart Bus, Tours)
$ 139,057
Touring
$ 57,913
Big Top Gift Shop
$ 68,319
Grants
$ 48,309
Projects, Advertising, Misc., Interest
$ 25,150
Keepers of the Magic Raffle
$ 8,380
Total Operating Income $ 1,372,065
2012 OPERATING EXPENSES
Program Expenses
$ 946,785
Office & Organization
$ 116,761
Publicity & Marketing
$ 72,644
BTC / Tent & Grounds
$ 49,424
Development Expense
$ 47,044
Big Top Gift Shop
$ 49,463
Sales Tax
$ 49,355
Management / Administration
$ 40,581
Total Operating Expense $ 1,372,057
Net Income / Expense $ 8
Other Expense- Depreciation $ 30,000
* includes $ 40,346 canvas fees restricted for future tent purchases and other facility needs.
25 % Donations Sponsorships Grants Raffle
4 % Sales Tax
3 % Big Top Gift Shop
3 % Development
4 % Tent & Grounds
5 % Marketing
9 % Office & Organizational
+ Did you know all revenue from concessions and bar belongs to Mt. Ashwabay Educational Foundation?
Total Contributions
$ 336,904
Program Expenses
$ 823,113 Big Top Summer Series $ 73,419 BTC / BCO Tours $ 50,253 Tent Show Radio( TSR) $ 946,785
5 % Big Top Gift Shop
4 % Touring
64 % Ticket Sales Canvas Fees & Taxes
69 % Programs- Summer Series- Touring- Tent Show Radio
Treasurer
2 % Projects, Ads, Misc.
Revenues +
3 % General Mgmt & Admin
Expenses
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