Annual Report | Lake Superior Big Top Chautauqua 2012 - Page 5

2012 FINANCIAL STATEMENT

2012 FINANCIAL STATEMENT

Raising a tent in the Spring and keeping it up all Summer while over 25,000 people are superbly entertained is no easy task . It requires investors , and our investors come in many forms : ticket buyers , a dedicated and creative staff , a large community of volunteers , a supportive government as well as generous and engaged financial donors . All sharing a whole lot of passion to keep the magic happening year after year .

It also requires prudent financial decisions that meet the expectations of our investors by providing sustainability . I ’ m happy to report that these decisions are being made and the 2012 financial results are proof of that . And you can expect this to continue . The strategic plan that guides the organization is sound and provides increased security for years to come . Thank you for your continued investment in Big Top Chautauqua and I look forward to seeing you under the tent for what ’ s going to be another great year !
Best regards ,

Robert Breunig

2012 OPERATING REVENUES
Ticket Sales , Fees , & Taxes *
$ 883,778
Donations
$ 141,159
Sponsorships ( Show , TSR , Bart Bus , Tours )
$ 139,057
Touring
$ 57,913
Big Top Gift Shop
$ 68,319
Grants
$ 48,309
Projects , Advertising , Misc ., Interest
$ 25,150
Keepers of the Magic Raffle
$ 8,380
Total Operating Income $ 1,372,065
2012 OPERATING EXPENSES
Program Expenses
$ 946,785
Office & Organization
$ 116,761
Publicity & Marketing
$ 72,644
BTC / Tent & Grounds
$ 49,424
Development Expense
$ 47,044
Big Top Gift Shop
$ 49,463
Sales Tax
$ 49,355
Management / Administration
$ 40,581
Total Operating Expense $ 1,372,057
Net Income / Expense $ 8
Other Expense - Depreciation $ 30,000
* includes $ 40,346 canvas fees restricted for future tent purchases and other facility needs .
25 % Donations Sponsorships Grants Raffle
4 % Sales Tax
3 % Big Top Gift Shop
3 % Development
4 % Tent & Grounds
5 % Marketing
9 % Office & Organizational
+ Did you know all revenue from concessions and bar belongs to Mt . Ashwabay Educational Foundation ?
Total Contributions
$ 336,904
Program Expenses
$ 823,113 Big Top Summer Series $ 73,419 BTC / BCO Tours $ 50,253 Tent Show Radio ( TSR ) $ 946,785
5 % Big Top Gift Shop
4 % Touring
64 % Ticket Sales Canvas Fees & Taxes
69 % Programs - Summer Series - Touring - Tent Show Radio
Treasurer
2 % Projects , Ads , Misc .
Revenues +
3 % General Mgmt & Admin
Expenses
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