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HomeMy WebLinkAbout250th Anniversary Celebration Event July 3 2026250th Anniversary Celebration Event Friday July 3, 2026 Madison High School Football Stadium Estimates Revenue Budget 01411-3760 Contributions/Ticket Sales/Food Commision $245,000 Potential Donors:TBD Should ask for in Matt Opinion City of Rexburg $15,000 25,000$ Madison County $15,000 25,000$ Concert Sponsor $50,000 50,000$ Hospital $50,000 50,000$ Toyota/Stones $30,000 30,000$ Madison School District Donation of Facility Facility/$10,000 BYUI ?25,000$ Others ?25,000$ Ticket Sales Capacity Range 6500 in seats to 9500 with standing in middle of field Ticket Cost $50 Reduced Ticket Cost $40 If buy 4 or more tickets-family discount Average Ticket Cost $42 Tickets Sold Revenue Sales/CC Expense 3500 147,000$ 14,700$ 6500 273,000$ 27,300$ 9500 399,000$ 39,900$ Expense Budget-01411-4410 Talent/Artist/Singer $180,000 $200,000 Range Drone Show $20,000 Fireworks $20,000 Other (Advertising, Sales Tax, Supplies, Etc.)$40,000 Total Expense $260,000 Net City Subsidy ($15,000) Scenarios to Consider Projected Estimates Worst Case-3500 Tickets Sold Average Case-6500 Tickets Sold Best Case-9500 Tickets Sold Ticket Sales (Net Sales Tax)147,000$ $273,000 $399,000 Donations $60,000 $110,000 $160,000 Projected Revenue 207,000$ 383,000$ 559,000$ Less Expense $260,000 $260,000 $260,000 Projected Proceeds (Profits)(53,000)$ 123,000$ 299,000$ Proceeds (Profits) could be split 50/50 as a fundraiser for the Tabernacle and Moving the Fairgrounds