Laserfiche WebLink
2017 Spirit of the West Budget <br />Revenues: <br />Cash <br />Donations/Sponsorships <br />Sales <br />Vendor Fees <br />Grants <br />Total Revenues <br />Expenses: <br />Venue <br />Insurance <br />Services <br />Advertising <br />Security <br />Entertainment. <br />Etc. <br />Total Expenses <br />$0 <br />$20,500.00 <br />$37,375.00 <br />$ 11,100.00 <br />$ 9,000.00 <br />$77,975.00 <br />$ 6,850.00 <br />$ 1,970.68 <br />$ 5,110.00 <br />$21,674.00 <br />$ 1,200.00 <br />$29,000.00 <br />$10,565.00 <br />$76,369.68 <br />Profit/Loss � $ 1,605.68 <br />(Revenue less Expenses) <br />In -Kind Contributions: <br />Volunteer Labor $72,437.92 <br />Donated Services & $11,747.00 <br />Materials <br />Total -In -Kind $84,184.92 <br />There are many pieces to the Spirit of the West budget which includes not only all the entertainment <br />offered, but also the free children's events, The workshops, demonstrations, presentations and <br />exhibits, the fiddle contest, and our Stampede program which includes school assemblies and our <br />ambassador, Miss Spirit of the West. With increasing fees and charges we are attempting to save <br />money by leaving the CWU concert hall as a venue, but have added an extra day to the festival with <br />our "new" western fashion show on Thursday evening which we would hope to receive 100% of that <br />expense from the Lodging Tax. Our goal is to meet our annual budget by keeping costs down yet still <br />retain customer satisfaction, keep attendees returning to the event each year and have those <br />attendees sharing the event with others via word of mouth and social media. The Spirit of the West <br />remains a work in progress to find the right combination of venues, ticketed and free events, <br />entertainers and ticket pricing that will please our customers and keep them coming all within budget. <br />