Festival Budget Proposal

Introduction

The objective of this budget proposal is to provide a comprehensive financial plan for the upcoming festival. This will cover all the necessary expenses and expected income, enabling stakeholders to make informed decisions.

Expense Breakdown

Venue Costs

Item	Estimated Cost
Venue Rental	$10,000
Utilities	$1,500
Insurance	$2,000

Staffing Costs

Personnel	Estimated Cost
Event Coordinator	$4,000
Security	$3,000
Volunteers	$1,500

Marketing and Promotion

Advertising: $2,000
Social Media Marketing: $1,000
Flyers and Posters: $500

Equipment and Supplies

Sound and Lighting Equipment: $3,000
Decoration: $1,000
Miscellaneous Supplies: $500

Revenue Streams

Ticket Sales: $30,000
Sponsorships: $10,000
Merchandise Sales: $5,000

Financial Summary

The total estimated expenses for the festival amount to $30,000. With projected revenues ranging from ticket sales, sponsorship, and merchandise, the anticipated income is approximately $45,000, resulting in a potential surplus of $15,000.

Conclusion

This budget proposal provides a structured financial overview to support the festival planning process. It outlines the necessary expenditures and expected revenue necessary for a successful event.