Annual Report | Lake Superior Big Top Chautauqua 2017 | Page 8

Letter from our Treasurer and 2017 Financials
Letter from the Treasurer
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14 Original Historical Musicals
3

Letter from our Treasurer and 2017 Financials

Financial Statement Pre-audit figures

2017 OPERATING REVENUES
Ticket Sales & Processing Fees
$ 1,241,73O
Total Contributions
418,133
Sponsorships( Shows, Tent Show Radio, BART Bus) $ 212,451
Individual Donations
137,17O
Grants
45,334
Raffle
14,77O
Big TAP ChautauquaFest( Net Income)
8,4O8
Big Top Gift Shop
94,929
Touring
47,835
Advertising, Interest, Misc.
35,214
Total Operating Revenues 1,837,841
2017 OPERATING EXPENSES
Total Program Expenses
$ 1, O69,957
Big Top Chautauqua Summer Series
$ 997, O29
BTC / BCO Tours
41,715
Tent Show Radio
31,213
Office and Organizational
226, O14
Publicity and Marketing
123,88O
Development
98,623
Management / Administration
73, O71
Big Top Gift Shop
72,6O4
Tent and Grounds
63,27O
Depreciation
49,3O1
Total Operating Expense
$ 1,776,72O
Net Profit /( Loss)
$ 61,121

Letter from the Treasurer

Dear Friends of the Big Top:
Big Top Chautauqua is in a strong financial position from which to launch the next chapter of the Big Top story. With the generous and consistent support of nearly 1,000 annual contributors, sponsors and funders, Big Top has been able to operate for the past several years without incurring any operating debt. I’ ve been with the organization since its first days – first as a fan, then a volunteer, then a staff member and now a member of the Board of Directors. I remember well the cycles of cash flow that had ticket sales coming in between January and August, and year-end donors helping us with the monthly bills, but nothing available to pay those first deposits for the next year’ s shows. I’ m gratified that hundreds of people value what Big Top provides enough to send their annual donations in to help make it happen every year. We wouldn’ t be here without you- absolutely, we would not be here, planning our 33rd season. This organization was built by so many loving and generous citizens, music lovers and people who value education, arts and culture. You all have become a family of Big Top supporters. Thank you for helping to make it all possible. There will be challenges ahead, as there are with any non-profit organization – especially one that operates in a cloth building in the Northwoods of Wisconsin. But with a large and supportive family, we are confident that we will be here celebrating together well into the future. To everyone in the Big Top family, THANK YOU for being there for all these years. And to many more …
With sincere thanks,
2017 OTHER REVENUES & EXPENSES
Total KEEPERS Revenue
$ 125,424
KEEPERS Donations
$ 135, O76
KEEPERS Expenses
( 9,652)
Heritage Society Gifts
3O, 644
Other expenses
( 19,43O)
Net Other Revenues & Expenses » $ 136,638 » KEEPERS Donations and Heritage Society Gifts are internally
restricted for facility needs and long-term planning
2017 Revenues 68 % Ticket Sales and Processing Fees 12 % Sponsorships 7 % Individual Donations 5 % Big Top Gift Shop 3 % Touring 2 % Advertising, Interest, Misc. 2 % Grants < 1 % Raffle < 1 % Big TAP ChautauquaFest
2017 Expenses 60 % Programming 13 % Office and Organization 7 % Publicity and Marketing 5 % Development 4 % Management / Administration 4 % Big Top Gift Shop 4 % Tent and Grounds 3 % Depreciation
Did you know? Mt. Ashwabay owns and operates the food and bar concessions. All proceeds benefit the Ashwabay Outdoor Educational Foundation. Learn more about this non-profit organization at mtashwabay. org.
Therene Gazdik Board Treasurer

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Glorious summer nights under canvas & stars

14 Original Historical Musicals

3

Musical variety nights featuring
our Blue Canvas Orchestra

32

Guest artist shows featuring a total of 49 groups

7

Free family matinees and school day performances for area students

52

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

8 th

Big Top Idol community singing competition with expert coaching

4 th

Bluegrass Day Camp for Kids led by members of our Blue Canvas Orchestra

18

Free family workshops, outreach activities, exhibits, and demonstrations

6

Blue Canvas Orchestra on Tour shows throughout Wisconsin

6 th

Big TAP ChautauquaFest with music, beer, and food tasting

32,332

Happy concert-goers with warm & wonderful memories
8 WWW. BIGTOP. ORG