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Student Productions, Part 3:


Funding

Like any endeavor you believe in, you're going to need to spend some money to make some money.  In this case, to break even.  As far as things go, this isn't complicated, just don't expect to make a lot of money off of this, or anything actually.

  • If your show requires that you acquire rights to put on a show you must acquire them.  There's no sneaking around this.  Chances are it will be found out that you haven't paid them then be prepared for whatever comes.  Instead talk to Mike Formato and whatever publisher controls the work you want to present and see if you can get the rights.

  • The Department will front the money to acquire the rights to put on your show (if applicable).

  • The people organizing this (usually the stage manager, director or producer) will spend their own money to purchase required supplies (paints, costumes, programs, props, etc.) and will be reimbursed out of the profits.

  • After the box office takes their $.50 from each ticket sold.  The Department will be reimbursed for the money they fronted for the rights.  From whatever's left, whoever has spent money to make the show happen will be reimbursed (assuming you remembered to keep all the receipts).  The crew can be reimbursed for up to $100 or half of the proceeds, whichever is greater.

There exists the chance that even after all of this you haven't made back all of the money you put into it.  Sorry, welcome to the business.  What you can do is hold a fundraiser (The Guild can help you with this) to help give you a little more cash to put towards this.  Be warned that you get reimbursed only for what you still have spend AFTER you take into account the fundraiser.  There's no having a fundraiser, keeping all of the money from it and still asking for a reimbursement.  If your fundraiser was so successful that you don't need to ask for a reimbursement, be happy.  Then think of making a donation to the Student Production fund to help other students run their shows.

Now that I may have confused all of you, let me give you some examples.  These work for any show even those that don't require that you purchase rights.  These are only examples.  Your show will probably vary.

Say it was a success:

Box Office Returns (minus box office fee ($.50/ticket) $600
Rights (-$100) $500
50% of remainder $250
Greater than $100 Yes
Maximum amount that can be reimbursed $250
Amount added to Student Production Fund (for future use) $250

Now let's say it wasn't

Box Office Returns (minus box office fee ($.50/ticket) $600
Rights (-$100) $500
50% of remainder $250
Greater than $100 Yes
Maximum amount that can be reimbursed $250
Amount added to Student Production Fund (for future use) $250

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