Annual Report | Lake Superior Big Top Chautauqua 2016 - Page 4

Letter from our Treasurer and 2016 Financials
Letter from the Treasurer
11 Original Historical Musicals
53
4

Letter from our Treasurer and 2016 Financials

Financial Statement Pre-audit figures

OPERATING REVENUES
Ticket Sales & Handling Fees
$ 1,371,003
Total Contributions
429,148
Sponsorships ( Shows , TSR , BART Bus , Tours )
$ 235,480
Individual Donations
118,978
Grants
56,497
Raffle
11,145
Big TAP ChautauquaFest ( Net Income )
7,048
Big Top Gift Shop
80,235
Touring
35,832
Projects , Advertising , Interest , Misc .
29,900
Total Operating Income $ 1,946,118
OPERATING EXPENSES
Total Programming Expenses *
$ 1,285,649
Big Top Summer Series
$ 1,223,052
Tent Show Radio ( TSR )
32,960
BTC / BCO Tours
29,636
Office & Organization *
247,907
Publicity & Marketing *
117,465
Management / Administration *
73,792
Development *
60,021
Tent & Grounds *
62,637
Big Top Gift Shop *
62,621
Depreciation
40,000
Major Purchases ( lighting , radios , keyboard )
24,175
Total Operating Expense
$ 1,974,266
Net Profit /( Loss )
$ ( 28,152 )
* Staff salaries included in departmental expenses
OTHER REVENUES & EXPENSES
KEEPERS Donations
$ 104,700
KEEPERS Expenses
( 12,884 )
Net KEEPERS Income » $ 91,816 » KEEPERS Gifts are internally restricted for facility needs & long-term planning
2016 Revenues 70 % Ticket Sales & Handling Fees 12 % Sponsorships 6 % Individual Donations 4 % Big Top Gift Shop 3 % Grants 2 % Touring 1 % Projects , Advertising , Interest , Misc . 1 % Raffle < 1 % Big TAP ChautauquaFest
2016 Expenses 65 % Programming 13 % Office & Organization 6 % Publicity & Marketing 4 % Management / Administration 3 % Development 3 % Tent & Grounds 3 % Big Top Gift Shop 2 % Depreciation 1 % Major Purchases
Did you know ? Mt Ashwabay owns and operates the food & bar concessions . All proceeds benefit the non-profit Ashwabay Outdoor Educational Foundation . Learn more at www . mtashwabay . org

Letter from the Treasurer

Dear Friends of the Big Top :
The year 2016 came and went with its share of celebrations and challenges . Our 30th Anniversary concert and mosaic of picnics was a fitting start to the new season ; friends and supporters gathered together to celebrate 30 years of “ Culture Under Canvas .” Weather really made an impact on several of our shows this year , most notably the double whammy of two major storms within a week in July where roads to the East and South were completely washed out . People holding tickets at that time literally could not get here unless they were willing to travel at least 2 hours out of their way to go around to the west . One week later a great storm cut the power to all of Northern Bayfield County . It was a nail-biter : would Lyle Lovett be able to reach us , could we get generators here in time , would the show go on ? Well , the shows went on ! However , we did fall short of our ticket sales goals for weather and other unforeseen reasons . Thankfully , our fundraising goals were met and we were able to end the year on solid footing .
The Board of the Big Top stands ready to make plans to secure the next 30 years of Big Top Chautauqua . We are proud to be debt-free heading into our next chapter . We are pleased to have reserved funds from our KEEPERS donations saved for building and facility needs coming up . We are thankful to all of our donors , sponsors , volunteers and KEEPERS for your investment in this community organization . We would not exist without this big family who cares about Big Top and the role it plays in the Northland .
With sincere thanks ,
Therene Gazdik Board Treasurer

11 Original Historical Musicals

Musical variety nights featuring
our Blue Canvas Orchestra

37

Guest artist shows featuring a total of 62 groups

8

Free family matinees and school day performances for area students

52

Weeks of Tent Show Radio reaching over 1,090,000 listeners

7 th

Big Top Idol community singing competition with expert coaching

3 rd

Bluegrass Camp for Kids led by Barefoot Movement

19

Free family workshops , outreach activities , exhibits , and demonstrations

5

Blue Canvas Orchestra on Tour shows throughout Wisconsin

5 th

Big TAP ChautauquaFest with music , beer , and food tasting

33,697

Happy concert-goers with warm & wonderful memories
4 WWW . BIGTOP . ORG 715 · 373 · 5552 888 · BIG · TENT

53

4

Glorious summer nights under canvas & stars