Budget Percentages
Printed From: Community Theater Green Room
Category: Theater Administration
Forum Name: Money Talk
Forum Discription: Questions about fundraising and promotion
URL: http://www.communitytheater.org/forum/forum_posts.asp?TID=3647
Printed Date: 11/21/24 at 11:43pm
Software Version: Web Wiz Forums 8.05 - http://www.webwizforums.com
Topic: Budget Percentages
Posted By: RoseColored Gla
Subject: Budget Percentages
Date Posted: 12/09/08 at 5:21pm
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Was wondering if anyone happened to have a percentage breakdown for their budgets for musicals? For example, if we are budgeting 6k, what percentage of that should go toward sets, what percentage should go toward costumes, etc.? I know that budgets are not perfect, but i would love to see how other's break down their money. ------------- Dennis Dippary Artistic Director Songs for a New World http://rosecoloredglassestheater.com - RoseColored Glasses May Dionysus smile upon your every performance! |
Replies:
Posted By: dexter74656
Date Posted: 1/07/09 at 6:21pm
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I think that's going to be largely dependent on the specific show... something with elaborate costumes or sets are going to require a lot more monetary emphasis put on those aspects, while something like Songs for a New World like you're doing... totally different story with very minimal expenses at all for costumes/sets. I'm looking at two musicals for my company in the near future and I know the budget for one will be totally different than the budget for the other based on the complexity of the show and the size of the cast. |
Posted By: lparks
Date Posted: 4/01/10 at 3:19pm
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See our budget for DRACULA THE MUSICAL: http://www.brtlive.org/BRT EXPENSE SHEET.pdf ------------- Landon Parks, Producing Artistic Director, Bloomington Repertory Theatre Co |
Posted By: lagazza
Date Posted: 4/01/10 at 3:58pm
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The Wildhorn Dracula. How did the Show do? Have been thinking about the it for October. Thanks |
Posted By: lparks
Date Posted: 4/01/10 at 4:02pm
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We have not done it yet. It's coming up this fall. they way I see it, we need to sell 176 seats to each performance in our 561 seat house to pay for the production expense, so I hope it does pretty well. It totally flopped on Broadway, but I love the show so much, that I decided to do it anyway. We'll see.  ------------- Landon Parks, Producing Artistic Director, Bloomington Repertory Theatre Co |
Posted By: lagazza
Date Posted: 4/01/10 at 4:18pm
| That's a nice ratio. Might have to take another look at my budgeting. Though you seem to have one advantage over me... Labor and musician costs. |
Posted By: lparks
Date Posted: 4/01/10 at 4:42pm
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Well, we make up for it in Administration expenses, which will end up running somewhere along the lines of $100,000 a year, or $20,000 per production. So that $31,000 Dracula budget is not including the $20,000 admin. expenses. Thankfully, Our fundraisers, grants and Sponsorship should cover a majority of the admin. expense. We are luck in that we tap the free talent base of technical theatre students at the local high school for most of our production work. They get 'professional' experience, in exchange for helping us. We MIGHT end up paying the musicians; that is yet to be determined. ------------- Landon Parks, Producing Artistic Director, Bloomington Repertory Theatre Co |
Posted By: lagazza
Date Posted: 4/01/10 at 4:58pm
| Makes me feel better he says with a wink. Your theater work straight fee or %? I basically lose 20% of each ticket to the theater. |
Posted By: lparks
Date Posted: 4/01/10 at 5:10pm
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If your referring to our rental, we pay a flat fee per day to rent the Theatre. It ranges between $220 - $990. Seeing as how we are the primary user of the Theatre, we receive a 25% discount over the normal rental rate. In addition, we have to pay for the IATSE tech director who has to be with us at all times, at $29/hr - $40/overtime.
------------- Landon Parks, Producing Artistic Director, Bloomington Repertory Theatre Co |
Posted By: lagazza
Date Posted: 4/01/10 at 7:21pm
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Thanks for the insight. Now, I will say that the Greensboro/Winston-Salem area is larger than Bloomington. Theater also seats 1075. So the rates do seem in line. Always interesting to compare though. All the best |