The total estimated costs of the music festival are $6,427,783. Since some costs are fixed and other costs vary due to different pay structures, my calculations are based on the high fixed costs. So, the total costs may be higher or lower than estimated. The total cost of the bands is $6,335,000. I estimated the venue cost based on the higher costs to allow for enough funding if needed. The total cost of the venue is $25,000. Other costs estimated to be 67,783.
Venue cost. The GREENSBORO COLISEUM COMPLEX FACILITY has two options, the COLISEUM ARENA, and the WHITE OAK AMPHITHEATRE. According to their website” The cost of this venue is the greater of $5,000.00 minimum rental fee vs. 12% of gross admission receipts after taxes, computed
Venue cost. The GREENSBORO COLISEUM COMPLEX FACILITY has two options, the COLISEUM ARENA, and the WHITE OAK AMPHITHEATRE. According to their website” The cost of this venue is the greater of $5,000.00 minimum rental fee vs. 12% of gross admission receipts after taxes, computed