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 $70,000 $100,000 Range
Donors:Will continue to work with potential donors if artist contract approved
Madison Health $20,000 Drone Show Sponsor
Madison School District Donation of Facility
BYUI Willing to do some in kind donations
Hemming $10,000 Contingent on getting an artist
Toyota/Stones $30,000
Ace Hardware $2,000
Circle of Love $1,000
America 250th State Grant-City/County $5,000 City Awarded $2500 Grant-County TBD
Others $2,000 TBD
Others TBD-Concert Sponsor
Expense Budget-01411-4410
Talent/Artist/Singer-A List Artist $225,000 $250,000 Range
Production Manager $8,000
Stage, Light, Sound, Power, Barrier Rental $35,000
Drone Show $20,000
Fireworks $20,000
Other (Advertising, Labor, Sales Tax, Supplies,
Ticket Software Etc.)$42,000
Total Expense Budget $350,000
Net Subsidy Budget Before Ticket/Food Sales ($280,000)Typical Subsidy $20,000/Yr ($10 K City/$10 K County)
Ticket Sales
Capacity Range 6500 in seats to 9500 with standing in middle of field
Ticket Cost Range $40-$100
Reduced Ticket Cost $40
Average Ticket Cost $42
Tickets Sold Revenue Sales Tax
2500 105,000$ 5,943$
4750 199,500$ 11,292$
9500 399,000$ 22,585$
Scenarios to Consider
Projected Estimates
Worst Case-2500
Tickets Sold
Average Case- 4750
Tickets Sold
Best Case-9500 Tickets
Sold
Ticket Sales (Net Sales Tax)99,057$ 188,208$ 376,415$
Contributions $70,000 $70,000 $70,000
Projected Revenue 169,057$ 258,208$ 446,415$
Less Expense $350,000 $355,349 $366,642
Projected (Subsidy) Proceeds (180,943)$ (97,142)$ 79,774$
Projected (Subsidy) Proceeds Per Entity (90,472)$ (48,571)$ 39,887$
(Subsidy) Profits could be split 50/50 between City of Rexburg and Madison County
Family Discount if Buy 4 or more tickets in certain sections
Asked for $60,000-Waiting on approval-Donated $20 K
last Year
100 Hours Estimated at $80/hour