Difference between revisions of "The Money"

Overview

Unless you are very lucky money is a key component in any film screening. Film rights, venue hire, licences, marketing material and a host fo other things crop up. Most of them you can prepare and budget for and some may never come to pass but you should be aware of anyway. Outgoings will either come from you or from a funding source and any profit or income will come to (or through) you as well.

We have a broad view of both of these flows as well as budgetary preparedness and legal considerations.

Expense

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Income

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Initial Cost vs Repeat Cost

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Taxation

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Budgeting

With all of this in mind you should prepare a budget before making your commitment to a screening. While your enthusiasm for putting on a screening might be unrivalled, you should do so with a clear idea of the potential costs versus the likely income from your screening.

No matter where you are in the world, or your level of financial or Excel acumen, the BFI provides a good starting document with their Community Cinema Budget Template which will allow you to try different models for income costs against the likely static costs per screening. You can also further tailor the spreadsheet to accomodate other forms of income or expenditure. Perhaps some revenue share from a local food maker who shares your event or paying someone to come and give an interesting introduction to your film.

While budgeting might seem like a dry and dull step, it is as important as the other core steps of choosing your film and venue because without some budgetary preparation your film screening could fall at the first hurdle and leave you with nothing to show for it but a hole in your wallet.

Summary

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Rump excepteur ea, tri-tip leberkas andouille minim. Andouille meatloaf tenderloin cillum in picanha turducken pancetta salami frankfurter.

Resources

Expense

• BFI Neighbourhood Cinema - A run through of setting up a venue and potential costs
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• resource4

Budgeting

• BFI Community Cinema Budget Template - A good first step to assessing your setup and ongoing costs.

Resource Set 2

• resource2
• resource3
• resource4

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