Festival Considerations 2004 2019 Festival in Sycamore Income
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Festival Considerations
2004 -2019 Festival in Sycamore - Income, Expenses, and Net Cost $ 150 000, 00 $57 496 $67 610 $66 089 $ 50 000, 00 $21 038 $22 106 $32 210 $55 844 $43 065 5 7. 11 . 1 90 5 90. 1 7. 10 19 9. 8. 05 05 7. 7. 19 19 05 05 6. 19 05 19 5. 7. 7. 4. 19 05 05 3. 19 05 2. 7. $189 847 $162 640 $142 151 $119 469 $90 930 $ 100 000, 00 7. 19 1. 7. 6. Total Revenues Total Expenses Net Cost $ 200 000, 00 19 05 5. 1 30 . 1 29 6. 28 6. 90 5 90. 1 27 6. 26 . 1 90 90 5 5 (SOURCE: TOWNSHIP-PROVIDED ANNUAL FESTIVAL ACCOUNTING FIGURES) $129 276 $125 269 $123 615 $114 265 $109 200 $96 651 $82 681 $55 911 $31 358 $40 573 $49 156 $45 365 $34 415 $44 362 $33 653 $19 308 $13 562 $27 948 $33 364 $- $ (50 000, 00) $ (100 000, 00) $ (150 000, 00) $ (200 000, 00) -$36 458 -$45 504 -$33 879 -$42 282 -$47 495 -$47 865 -$51 323 -$78 895 -$69 358 -$63 835 [VALUE] -$94 861 -$97 789 -$94 958 2004 -2019 Festivals Gross Cost: $ 1, 733, 029. 87 Net Cost: $ 1, 185, 637. 01 -$134 692 -$156 194
Madeira – Independence Day Festival Event & Fireworks Total Cost is under $15 k/yr.
2019 Deer Park Days in the Park Festival
2019 Deer Park Days in the Park Festival TOTAL Gross Expenses: $ 29, 745. 56 $10, 634. 97 for booth and ride-related expenses + $19, 110. 59 for entertainment, fireworks, etc. Total Receipts: $ 43, 862. 25 $8, 227 received from “sponsors and vendors” + $35, 635. 25 in other revenues
2019 Deer Park Days in the Park Festival Deer Park made a $ 14, 116. 69 “PROFIT” Beer Sales were a big factor in that 47% of the DP Festival revenues ($20, 646) came from beer sales But even if you net out those beer revenues ($20, 646) & the cost of beer sale supplies ($6, 732. 12), Deer Park still broke even --- Comparison to 2019 Festival in Sycamore Receipts = $ 33, 364 / Gross Cost = $ 123, 615 / Net Cost = $ 90, 251 Sycamore’s Gross Cost was > 4 x higher than Deer Park’s
How You Can Help Bring New & Better Events to our Parks: Apply to become part of our new Parks Advisory Committee Send your resume or a brief biography to Township Administrator Ray Warrick at 8540 Kenwood Road or email it to rwarrick@sycamoretownship. org. Include your name, address, phone number, email address, and tell us how long you’ve been a Sycamore Township resident.
How You Can Help Bring New & Better Events to our Parks: Send us your ideas & suggestions for events in our parks and in our community. Got a great idea for an event in our parks? Want to Volunteer to help or have a thought you’d like to put into action? Please email details to rwarrick@sycamoretownship. org or call (513) 791 -8447
