Florida Grand Opera Operating Budget June 1, 2015

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Florida Grand Opera Operating Budget June 1, 2015 - May 31, 2016 *Barber 5 ACPA / 2 BCPA *Norma 5 ACPA / 2 BCPA *The Passenger 5 ACPA *Don Pasquale 5 ACPA (Total = 24 Performances)

BUDGET 2015-2016

INCOME Earned Income: Subscriptions/Ticket Sales Handling Fees Set & Music Rental Fees / Other Program Advertising Misc Earned Income TOTAL EARNED INCOME

$2,789,855 $85,047 $40,000 $200,000 $40,000 $3,154,902

Contributed Income: Individual Contributions Corporate Contributions Foundation Contributions YA Sponsorships Endowment/Trust Income Government Grants Affiliate Group Income Special Event Income TOTAL CONTRIBUTED INCOME

$4,937,000 $100,000 $500,000 $425,000 $175,000 $660,000 $115,000 $500,000 $7,412,000

TOTAL INCOME

$10,566,902

EXPENSE Production Expense: Production Music Marketing TOTAL PRODUCTION EXPENSE

$4,034,027 $2,363,547 $300,700 $6,698,274

Department Expense: Production Music Young Artist Program Education Marketing & Audience Services Program Book Development General & Administrative TOTAL DEPARTMENT EXPENSE

$467,490 $310,788 $369,199 $85,000 $712,840 $75,000 $400,000 $935,000 $3,355,317

Other Expense: Affiliate Groups Special Events Financing Costs/Interest Expense TOTAL OTHER EXPENSE TOTAL EXPENSE SURPLUS / (DEFICIT) FROM OPERATIONS

$32,771 $250,000 $230,540 $513,311 $10,566,902 $0