Case Study: Indie Rock Composer-Performer
Previous: Gross Revenue Time Series
Income v Expenses
The pie charts below show aggregate gross income, and the related expenses, for 2008-2011.
The pie chart for expenses has been scaled visually to represent that expenses consume about 53% of gross income. The table below provides details about expenses from 2008-2011.
|Travel||35.8%||Flights, hotels, per diem, local transportation on tour|
|Overhead||12.7%||Communications expenses, mailing expenses, legal, bank charges, insurance, research, office expenses|
|Artist Fees Paid||11.1%||Sidemen in live performances and recordings|
|Equipment Purchase and Repair||10.5%|
|Publicity, Marketing and Design||9.3%||Publicity, web hosting, fan management platform, album and merch designs, photography|
|Recording Expenses||7.9%||Engineers, studio rental, mixing, mastering|
|Merch Expense||7.2%||Buying CDs at cost, printing cost of merch items, customs, duties|
|Booking Commissions Paid||4.2%||For his solo tours|
|Production||0.9%||Rehearsal space, live production crew|
|Membership Dues||0.5%||Paid to AFTRA, AAA, AFM|
The artist’s overall net income in 2011 is 66% greater than his net from 2008. His solo tours became profitable in 2011, after three years of his solo tour activity being subsidized by his other music activities.
On the next page, we break down Indie Rock Sideman’s income by role – as a performer, salaried player, composer and recording artist – and provide detail about the income earned by each role in this time period.
Next: Income by Role