From the Board Treasurer
Overall , 2013 was an exceptional year even though we were riddled with high winds , torn canvas and challenges on many levels . We braved those challenges with the leadership of our board and staff , and the loyal support of our fans , donors and volunteers .
Impressive crowds at Trampled by Turtles , Lyle Lovett and Gordon Lightfoot set new attendance records at the tent . Ultimately we made it to the end of the show season with soaring ticket sales and a tent still standing ! The tent-patching skills of Phil Anich are to be gratefully acknowledged . Although the tent came down in September , the year wasn ’ t over .
By the end of December our incredible investors , sponsors and donors helped deliver the Big Top to an unprecedented , positive bottom line which allowed Big Top Chautauqua to retire $ 100,000 worth of debt . This was double the dollar amount we had planned for in our strategic planning process . We would not be reporting a stellar year like this without the essential support of you , our donors .
Thank You for continuing to support the magic ! We are truly blessed .
Our Board of Directors is diligently following our five-year Strategic Plan which promises to make this organization financially strong and sustainable so that we will continue to share the magic of the Big Top for generations to come .
Financial Statement
Pre-audit figures
2013 OPERATING REVENUES |
Ticket Sales , Fees , & Taxes |
$ 1,044,630 |
Sponsorships ( Show , TSR , Bart Bus , Tours ) |
$ 159,068 |
Donations |
$ 134,001 |
Touring |
$ 58,600 |
Big Top Gift Shop |
$ 56,736 |
Grants |
$ 44,717 |
Projects , Advertising , Misc ., Interest |
$ 20,040 |
Keepers of the Magic Raffle |
$ 6,768 |
Big TAP ChautauquaFest ( Net Income ) |
$ 6,058 |
Total Operating Income $ 1,530,618
2013 OPERATING EXPENSES |
Program Expenses |
$ 923,109 |
Office & Organizational |
$ 121,975 |
Publicity & Marketing |
$ 64,609 |
Development Expense |
$ 62,117 |
Sales Tax |
$ 57,111 |
Tent & Grounds |
$ 48,822 |
Big Top Gift Shop |
$ 41,239 |
Management / Administration |
$ 39,237 |
Depreciation |
$ 30,800 |
Total Operating Expense $ 1,389,019
Best regards ,
Therene Gazdik
Total Contributions
$ 350,612
Treasurer
Program Expenses
$ 830,806 Big Top Summer Series $ 61,805 BTC / BCO Tours $ 30,498 Tent Show Radio ( TSR ) $ 923,109
4 % Big Top Gift Shop
4 % Touring
10 % Sponsorships
9 % Donations
3 % Grants
1 % Projects , Ads , Misc .
1 % Keepers Raffle & Big TAP
Revenues +
68 % Ticket Sales Canvas Fees & Taxes
After an
Net Income / Expense $ 141,599 exceptional
year in 2013 , Big Top was able to retire $ 100,000 worth of previous debt .
Other Revenue / Expense |
- Insurance Proceeds |
$ 82,597 |
- New Tent Deposit Expense |
$ 70,000 |
- Tent Damage Expenses |
$ 9,285 |
4 % Sales Tax 3 % Mgmt & Admin
3 % Big Top 2 % Depreciation
Gift Shop 4 % Development
4 % Tent & Grounds
5 % Marketing
9 % Office & Organizational
+ Did you know 100 % of revenues from concessions and bar belongs to Mt . Ashwabay Educational Foundation ?
Expenses
66 % Programs - Summer Series - Touring - Tent Show Radio
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