1. Discuss some of the funding sources available to Big Apple Circus.
Watching the Big Apple Circus, they receive their funding from foundations and individuals. Also, they have funding from corporations who sponsors "Circus for Everyone", which is where they give tickets to underprivileged groups in certain cities. Individuals who come to support also donate and sponsors. The Big Apple Circus majority revenue comes from touring.
2. Explain how Big Apple Circus analyzes their attendance for financial feasibility?
The directors and the board of trustees look at the attendance for the shows closely, because it cost a lot of money to put on the production. Ticket sales are important, because it helps with the budget. When analyzing ticket sales, they look at how many of those tickets were purchased and how many of them were charity tickets. After that, the determine how much food they will need for that show. Also, their audience members go above and beyond and become donors or sponsors. …show more content…
How does being a non-profit performance company contribute to the financial feasibility of Big Apple Circus?
Since the Big Apple Circus is a non-profit they are able to raise money. They play major role in the community. With ticket sales, donations, and government funding they receive. With that they also, have their own concession stands. BY partnering up with companies such as, Coca Cola. With them partnering up, they get better prices on food products. Also, the board of directors help with planning major fundraising events; like finding
Watching the Big Apple Circus, they receive their funding from foundations and individuals. Also, they have funding from corporations who sponsors "Circus for Everyone", which is where they give tickets to underprivileged groups in certain cities. Individuals who come to support also donate and sponsors. The Big Apple Circus majority revenue comes from touring.
2. Explain how Big Apple Circus analyzes their attendance for financial feasibility?
The directors and the board of trustees look at the attendance for the shows closely, because it cost a lot of money to put on the production. Ticket sales are important, because it helps with the budget. When analyzing ticket sales, they look at how many of those tickets were purchased and how many of them were charity tickets. After that, the determine how much food they will need for that show. Also, their audience members go above and beyond and become donors or sponsors. …show more content…
How does being a non-profit performance company contribute to the financial feasibility of Big Apple Circus?
Since the Big Apple Circus is a non-profit they are able to raise money. They play major role in the community. With ticket sales, donations, and government funding they receive. With that they also, have their own concession stands. BY partnering up with companies such as, Coca Cola. With them partnering up, they get better prices on food products. Also, the board of directors help with planning major fundraising events; like finding