Banquet Event Financial Summary
Banquet Event Financial Summary
The Annual Charity Gala, hosted by the Community Outreach Foundation on October 15, 2050, at the City Convention Center's Grand Ballroom, successfully brought together community members and supporters. The event aimed to raise funds for local initiatives, featuring an evening of dining and entertainment. This financial summary outlines the event's income, expenses, and overall profitability, reflecting the generosity of our community.
Details
Event Name: Annual Charity Gala
Date: October 15, 2050
Location: Grand Ballroom, City Convention Center
Organizer: Community Outreach Foundation
Income
|
Description |
Amount |
|---|---|
|
Ticket Sales |
$15,000 |
|
Sponsorships |
$5,000 |
|
Donations |
$2,500 |
|
Merchandise Sales |
$1,000 |
|
Total Income |
$23,500 |
Expenses
|
Description |
Amount |
|---|---|
|
Venue Rental |
$4,000 |
|
Catering |
$7,500 |
|
Decorations |
$1,500 |
|
Entertainment |
$2,000 |
|
Marketing & Promotion |
$1,000 |
|
Staff and Security |
$2,000 |
|
Supplies and Materials |
$800 |
|
Miscellaneous |
$500 |
|
Total Expenses |
$19,300 |
Net Profit
|
Description |
Amount |
|---|---|
|
Total Income |
$23,500 |
|
Total Expenses |
$19,300 |
|
Net Profit |
$4,200 |
Notes
-
The event was a success, exceeding attendance expectations with over 200 guests.
-
All sponsorship commitments were met, and additional donations were received during the event.
-
Future recommendations include exploring additional marketing strategies to increase ticket sales and reaching out to local businesses for potential partnerships.
