Community Theater Green Room Discussion Board: Program Book

Author

Message

John Luzaich
Celebrity

Joined: 2/24/08
Location: United States
Online Status: Offline
Posts: 174

Posted: 7/01/09 at 12:30pm

For our playbill:

$895. - full page

$495. - half page

$295. - quarter page

more information is on our web site at www.osterregent.org

click on "support" and you see info on sponsors, ads, banner ads on our web site, back of ticket ads, permantly installed bricks, etc.

John
cfct@cfu.net
http://www.osterregent.org
http://www.facebook.com/osterregent

IP Logged

lparks
Star
Star

Joined: 1/12/10
Location: United States
Online Status: Offline
Posts: 58

Posted: 1/15/10 at 9:43pm

Only our "sponsors" get advertisement space. Basically, we will have (2) season sponsors at $7,500 each per year. The front inside-cover and back cover are reserved for them in all show programs and season booklets. Each show sponsor receives a full page (6"x9") ad at various points throughout the programs. Show sponsors are $2,500 per show. Media sponsors also receive ad space, as do our local ad partners.

Although, we are not a pure CT, more of a "pro-am" or semi-professional company. We produce all musicals (up to 6 a year), in a 600 seat house.

Landon Parks,
Producing Artistic Director,
Bloomington Repertory Theatre Co

IP Logged

lparks
Star
Star

Joined: 1/12/10
Location: United States
Online Status: Offline
Posts: 58

Posted: 6/02/10 at 1:34pm

Also;
You should only have to pay unrelated business tax if that income is more than 33.3% of your total yearly income. In other words, if your total revenues are $100,000 and only $10,000 is from ad sales, you should not need to pay unrelated business income tax on these. It has to be a substantial income in order for the IRS to require payment of the tax.

Landon Parks,
Producing Artistic Director,
Bloomington Repertory Theatre Co

IP Logged

skoehler
Lead
Lead

Joined: 5/19/08
Location: United States
Online Status: Offline
Posts: 37

Posted: 6/09/10 at 9:06am

Actually the IRS rule is that any unrelated business income over $1,000 annually must be reported and corporate taxes paid. Secondly too much unrelated business activity can threaten your 501 (c) 3 status.

I would strongly suggest you speak to your legal and tax advisers if you have access to them on your Board, or if you use a CPA for an annual audit or review talk to them.

Steven Koehler
Managing Director
Civic Theatre of Greater Lafayette
www.lafayettecivic.org

IP Logged

lparks
Star
Star

Joined: 1/12/10
Location: United States
Online Status: Offline
Posts: 58

Posted: 6/18/10 at 3:34am

Yes, my bad. Sorry about that.
How we avoid UBIT is by ensuring the ads submitted by our sponsors conform to an acknowledgment, rather than a pure advertisement. We do not sell playbill ads; but we do offer an entry level sponsorship package at $500 per year, which works about the same way.

Also, if you want to avoid paying UBIT, you need to restrict what you offer your sponsors. For example, free tickets, dinner receptions, anything of value, etc. As long as anything of value is kept below 2% of the total sponsorship amount, then the whole amount is void from UBIT. If not, you'll have to pay tax on the fair makret value of the items offered, but not the entire package.

To avoid UBIT, make sure you tell your sponsors to conform their "ad" to the following:
< ="CONTENT-" content="text/; charset=utf-8">< name="GENERATOR" content="Office.org 3.2 (Win32)">< ="text/">

The Ad CAN contain:

• Logos and slogans that do not contain qualitative or comparative descriptions of the sponsors product or service.

• A List of sponsors locations, telephone numbers, and Internet addresses.

• Value-neutral descriptions, including displays or visual depictions, of the sponsors product-line or service.

• The sponsors brand or trade name, and product / service listings.

• Any of the above cannot outright “advertise” the product or service offered by the sponsor, only to bring awareness to the product or service.

• You can openly advertise entirely free services or products for which you will receive no financial gain; but you cannot require that something else be bought or paid for to receive said free services or products.

The Ad SHOULD NOT contain:

• Messages containing qualitative or comparative language (unless such language is an established part of the sponsors identity).

• Price information or other indications of savings or value.

• any call to action (i.e. to buy from the sponsor)

• An inducement to purchase, sell or use any company, service, facility or product offered by the Sponsor.

Landon Parks,
Producing Artistic Director,
Bloomington Repertory Theatre Co

IP Logged

Money Talk
Community Theater Green Room Discussion Board :Theater Administration :Money Talk

Author	Message
John Luzaich Celebrity Joined: 2/24/08 Location: United States Online Status: Offline Posts: 174	Posted: 7/01/09 at 12:30pm
	For our playbill: $895. - full page $495. - half page $295. - quarter page more information is on our web site at www.osterregent.org click on "support" and you see info on sponsors, ads, banner ads on our web site, back of ticket ads, permantly installed bricks, etc.
	John cfct@cfu.net http://www.osterregent.org http://www.facebook.com/osterregent
	IP Logged

lparks Star Joined: 1/12/10 Location: United States Online Status: Offline Posts: 58	Posted: 1/15/10 at 9:43pm
	Only our "sponsors" get advertisement space. Basically, we will have (2) season sponsors at $7,500 each per year. The front inside-cover and back cover are reserved for them in all show programs and season booklets. Each show sponsor receives a full page (6"x9") ad at various points throughout the programs. Show sponsors are $2,500 per show. Media sponsors also receive ad space, as do our local ad partners. Although, we are not a pure CT, more of a "pro-am" or semi-professional company. We produce all musicals (up to 6 a year), in a 600 seat house.
	Landon Parks, Producing Artistic Director, Bloomington Repertory Theatre Co
	IP Logged

lparks Star Joined: 1/12/10 Location: United States Online Status: Offline Posts: 58	Posted: 6/02/10 at 1:34pm
	Also; You should only have to pay unrelated business tax if that income is more than 33.3% of your total yearly income. In other words, if your total revenues are $100,000 and only $10,000 is from ad sales, you should not need to pay unrelated business income tax on these. It has to be a substantial income in order for the IRS to require payment of the tax.
	Landon Parks, Producing Artistic Director, Bloomington Repertory Theatre Co
	IP Logged

skoehler Lead Joined: 5/19/08 Location: United States Online Status: Offline Posts: 37	Posted: 6/09/10 at 9:06am
	Actually the IRS rule is that any unrelated business income over $1,000 annually must be reported and corporate taxes paid. Secondly too much unrelated business activity can threaten your 501 (c) 3 status. I would strongly suggest you speak to your legal and tax advisers if you have access to them on your Board, or if you use a CPA for an annual audit or review talk to them.
	Steven Koehler Managing Director Civic Theatre of Greater Lafayette www.lafayettecivic.org
	IP Logged

lparks Star Joined: 1/12/10 Location: United States Online Status: Offline Posts: 58	Posted: 6/18/10 at 3:34am
	Yes, my bad. Sorry about that. How we avoid UBIT is by ensuring the ads submitted by our sponsors conform to an acknowledgment, rather than a pure advertisement. We do not sell playbill ads; but we do offer an entry level sponsorship package at $500 per year, which works about the same way. Also, if you want to avoid paying UBIT, you need to restrict what you offer your sponsors. For example, free tickets, dinner receptions, anything of value, etc. As long as anything of value is kept below 2% of the total sponsorship amount, then the whole amount is void from UBIT. If not, you'll have to pay tax on the fair makret value of the items offered, but not the entire package. To avoid UBIT, make sure you tell your sponsors to conform their "ad" to the following: < ="CONTENT-" content="text/; charset=utf-8">< name="GENERATOR" content="Office.org 3.2 (Win32)">< ="text/"> The Ad CAN contain: • Logos and slogans that do not contain qualitative or comparative descriptions of the sponsors product or service. • A List of sponsors locations, telephone numbers, and Internet addresses. • Value-neutral descriptions, including displays or visual depictions, of the sponsors product-line or service. • The sponsors brand or trade name, and product / service listings. • Any of the above cannot outright “advertise” the product or service offered by the sponsor, only to bring awareness to the product or service. • You can openly advertise entirely free services or products for which you will receive no financial gain; but you cannot require that something else be bought or paid for to receive said free services or products. The Ad SHOULD NOT contain: • Messages containing qualitative or comparative language (unless such language is an established part of the sponsors identity). • Price information or other indications of savings or value. • any call to action (i.e. to buy from the sponsor) • An inducement to purchase, sell or use any company, service, facility or product offered by the Sponsor.
	Landon Parks, Producing Artistic Director, Bloomington Repertory Theatre Co
	IP Logged

Topic: Program Book( Topic Closed)
	<< Prev Page of 2