The Money
Overview
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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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Resources
Expense
- BFI Neighbourhood Cinema - A run through of setting up a venue and potential costs
- resource3
- 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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