Case Study: Contemporary Chamber Ensemble
Previous: Gross Revenue Time Series
Income v Expenses
The pie charts below show aggregate gross income, and the related expenses, for 2002-2010.
The pie chart for expenses has been scaled to visually represent that expenses consume about 51% of gross income. The table below provides details about the expenses 2002-2010.
|Manager Commission||30.3%||Commission paid to manager, who primarily secures and negotiates concert dates|
|Touring Expenses||26.8%||Transportation, hotel, per diem, etc.|
|Artist Fees||17.0%||Artist fees paid to guest artists or subs, make up artist, videographer, choreographer, stage manager, rehearsal pianist, wardrobe etc.|
|Publicity||10.8%||Publicist for live engagements|
|Teaching-Related||3.4%||Costs related to educational partnership with a conservatory in 2010|
|Marketing||2.8%||Flyers, conference fees, website|
|Merchandise||2.5%||The ensemble purchases their CDs at cost from the label to sell on the road|
|Accounting and Finance||1.3%|
|Production||1.2%||Concert dress, rehearsal space, sheet music, hospitality|
|Composer Commissions Paid||0.5%||Commissions paid to composers to write new works for Ensemble D to perform and record.|
|Venue Commissions on Merchandise||0.5%||Each venue they perform in typically takes a commission on CDs sold at shows|
|Administrative and Overhead||0.5%|
The chart below shows income versus expenses on a year to year basis. The grey line indicates net income, which fluctuates from year to year but has steadily increased overall.
The column graph above indicates that the ensemble’s income is net positive from year to year.