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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