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FINANCIALS: YEARS 1 -3 OCCC Statement of Activities Notes: The more acts and classrooms are booked, the more we can pay the coordinator. At full capacity, we would earn about $100,000, and that extra money would go mostly toward making the coordinator a fulltime position. Orange County Cultural Center Confidential Page 28 of 30 Strategic Business Plan (v.1.0) 9/8/2011 YEAR 1 MONTHLY ANNUALLY BEGINNING NET ASSET BALANCE $12,000 REVENUE Studio Rentals (7 units - assume 6 rented @ $175 /mo ea) $1,050 $12,600 Classroom Rentals (15 hrs /mo @ $20 /hr) $300 $3,600 Auditorium Rental (4 events /mo @ $300 /event) $1,200 $14,400 Conference Room Events (1 event /mo @ $100 /event) $100 $1,200 Gallery Rental _ ($300 /mo) $300 $3,600 Cafe Rental ($300 /mo) $300 $3,600 Bar Rental ($50 /event, 4 events /mo) $200 $2,400 Storage Rental ($100 /mo) $100 $1,200 Rental Subtotal $3,550 $42,600 Hillsborough Tourism Grant $12,000 General Fundraising $4,200 !TOTAL REVENUE; $58,800 EXPENSE Whitted Building Rental $2,333 $27,996 (Includes Utilities) Part-time Coordinator $680 $8,160 (10 hrs /wk @ $17 /hr, 48 wks /yr) Part-time Custodian $360 $4,320 (10 hrs /wk @ $9 /hr, 48 wks /yr) Insurance $4,000 Tax Preparation / Review Books $3,000 Phone /Fax /Internet $3,000 Postage $1,500 Printing $1,500 Office Equipment / Supplies $2,000 Contingency $2,124 TOTAL EXPENSE $57,600 ENDING NET ASSET BALANCE $13,200 Notes: The more acts and classrooms are booked, the more we can pay the coordinator. At full capacity, we would earn about $100,000, and that extra money would go mostly toward making the coordinator a fulltime position. Orange County Cultural Center Confidential Page 28 of 30 Strategic Business Plan (v.1.0) 9/8/2011