Capital Costs

Salaries

Key Job/Description Payroll No. Total

CC01 Actors 1,256 8 10,048
CC02 Assistant Stage Manager 1,256 2 2,512
CC03 Deputy Stage Manager 1,570 1 1,570
CC04 Company Stage Manager 1,884 1 1,884
Total 16,014

Creative Fees

Key Job/Description Total

CC05 Director 2,500
CC06 Set/Costume Designer 2,263
CC07 Lighting Designer 992
CC08 Sound Designer 992
CC09 Production Manager 3,000
CC10 Producer 4,000
Total 13,747

Rehearsal Costs

Key Job/Description Total

CC11 Audition Costs 340
CC12 Scripts/Copying 150
CC13 Rehearsal Rooms 1,400
CC14 Rehearsal Hires 200
Total 2,090

Production Costs

Key Job/Description Total

CC15 Set Construction 2,500
CC16 Props 800
CC17 Costume/Wigs 2,500
Total 5,800

Marketing Costs

Key Job/Description Total

CC18 Advertising 1,200
CC19 FOH Displays 350
CC20 Print 1,289
CC21 Photographer 200
Total 3,039
General Administration

Key Job/Description Total

CC22 Get In/Out 400
CC23 Transport 200
Total 600

Total 41,290

Income

Key Job/Description Per Week No. Total

I01 Ticket Sales 20,160 4 80,640
I02 Programme Sales 1,200 4 4,800
Total 85,440

Running Costs

Salaries

Key Job/Description Payroll No. Total

RC01 Actors Normal Minimum 1,320 8 10,560
RC02 Actors Subsistence 378 8 3,024
RC03 Actors Contingency 4,000
RC04 ASM Normal Minimum 1,320 2 2,640
RC05 ASM Subsistence 378 2 756
RC06 DSM Normal Minimum 1,652 1 1,652
RC07 DSM Subsistence 378 1 378
RC08 CSM Normal Minimum 1,980 1 1,980
RC09 CSM Subsistence 378 1 378
Total 25,368

Creative Fees

Key Job/Description Per Perform. No. Total

RC10 Author/Adaptation 85 24 2,040
Total 2,040

Production Costs

Key Job/Description Per Week No. Total

RC11 Lighting Hire 300 4 1,200
RC12 Sound Hire 200 4 800
RC13 Misc. Hire 200 4 800
RC14 Repairs 150 4 600
Total 3,400
Marketing Costs

Key Job/Description Total

RC15 Print 496
RC16 Advertising 800
Total 1,296

Total Running Costs 32,104

Balance Sheet

Key Costs Total

B01 Capital 41,290
B02 Running 32,104
B03 Total 73,394
B04 +15% 84,403.10

Key Income Total

B05 All Income (Excluding Investors) 85,440

B06 Balance 1,036.90

Vinegar Tom Budget

CC01- Theres approximately 13 characters in the play, Vinegar Tom. However,

some of which are quite minor so I cannot justify employing 13 actors, as I would
not be able to make a profit on this production. I have decided to copy the idea of
the original cast, by doubling up some of the characters. After seeing how many
characters could be doubled I have concluded that I will have a minimum of 8
actors for my performance. The 8 actors will be rehearsing for 4 weeks at a
venue in Gloucester, meaning there are no travel expenses required
314 (TMA Rehearsal Rate) x 4 (Rehearsal Weeks)

CC02 As we are only a small theatre company I have only employed two
Assistant Stage Managers for our production
ASM 314 (TMA Rehearsal Rate) x 4 (Rehearsal Weeks)

CC03 Deputy Stage Manager 392.50 (TMA Rehearsal Rate) x 4 (Rehearsal

Weeks)

CC04 Company Stage Manager 471 (TMA Rehearsal Rate) x4 (Rehearsal

Weeks)
As the theatre we are going to will provide us with a Stage Manager the CSM will
focus on supervising the ASMs, managing the cast and helping to operate the
show
CC05 Director 402 (TMA Weekly) x 4 (Rehearsal Weeks) + 877.34 (Creative
Fee)

CC06 Set/costume Designer TMA Freelance Designer, Commercial Theatre,

Straight Play
(Even though there are songs in Vinegar Tom it is still a play and not a musical)

CC07 Lighting Designer TMA Freelance Designer, Commercial Theatre,

Straight Play

CC08 Sound Designer TMA Freelance Designer, Commercial Theatre, Straight

Play

CC09 Production Manager Estimated compared to other fees

CC10 Producer Estimated compared to other fees

CC11 Audition Costs 2 days of auditions, room hire. The auditions will be held
in Gloucester at the Warehouse Climbing Centre, so there will be no extra travel
costs. Adverts for these auditions are free, however there would be
administrative cost e.g. phones, copying, contracts
70 (Room Hire Per Day) x 2 (Audition Days) + 200 (Administration Fees)

CC12 Scripts/Copying

CC13 Rehearsal Room We will be using the same room we used for auditions
at the Warehouse Climbing Centre, Gloucester. This means there will be no travel
costs, as the rehearsal space is so close to the theatre.
70 (Room Hire Per Day) x 5 (Rehearsal Days Per Week) x 4 (Rehearsal Weeks)
Ive decided to have one day a week to work on the production, having meetings
and making sure everything is on track during the rehearsal period

CC14 Rehearsal Hires temporary props and furniture hire for rehearsals

CC15 Set Construction Est. Materials + Wages, the set will be quite
minimalistic, to save on production costs

CC16 Props Est. buy or make, ASMs to do all the work

CC17 Costumes/Wig Est. Material + Wages

CC18 Advertising Est. based on 150 advert in two newspapers every week
for the month leading up to the opening of the show. This will also allow us to
advertise online on both newspaper websites. We would also be guaranteed a
review from both newspapers, after the show has opened. TV is too expensive,
but we will be advertising on Radio once the show has opened, for the first week
of performances
150 x 2 (Newspapers) x 4 (Weeks Before Show)
CC19 FOH Displays Printing for two large displays for the Front of House of
the theatre. Est. based on the price of local theatres, due to the fact that the
theatre we are performing at hasnt opened yet

CC20 Print 20,000 leaflets, (A5 double sided 130gsm Gloss) 689 + 600
(Posters)

CC21 Photographer Est. fee for taking photos at dress rehearsals and for
promotion, the photos will be given to the company via USB. The photographer is
also a regular contact of our company, so we would receive a discount for his
services

CC22 Get In/Get Out Contingency for extra people to help and misc. costs

CC23 Transport Van to collect set and props from the manufacturers

RC01 Actors, Normal Minimum, 330 (TMA Minimum, Once Nightly) x 4

(Performance Weeks)

RC02 Actors, Subsistence 94.50 x 4 (Performance Weeks)

RC03 Actors, Contingency for Understudy obligations and performances

RC04 ASM, Normal Minimum 330 (TMA Minimum, Once Nightly) x 4

(Performance Weeks)

RC05 ASM, Subsistence 94.50 x 4 (Performance Weeks)

RC06 DSM, Normal Minimum 413 (TMA Minimum, Once Nightly) x 4

(Performance Weeks)

RC07 DSM, Subsistence 94.50 x 4 (Performance Weeks)

RC08 CSM, Normal Minimum 495 (TMA Minimum, Once Nightly) x 4

(Performance Weeks)

RC09 CSM, Subsistence 94.50 x 4 (Performance Weeks)

RC10 Author/Adaptation Royalties 85 per performance

RC11 Lighting Hire The theatre will have the majority of the lighting we need,
therefore I only need a small amount of the budget to cover specials

RC12 Sound Hire Est. Contingency, as the theatre has basic sound equipment
for us to use

RC13 Misc. Hire Contingency

RC14 Repairs Budget for making repairs to props, set and technical
equipment

RC15 Print Contingency if posters and leaflets need re-printing. Est. one third
of the initial printing price

I01 Ticket Sales Est. income from ticket sales per week
Calculated as follows:
As the theatre isnt open yet I looked at local theatres to see an average ticket
price. The price was 8 per ticket. As the theatre isnt built yet, I can only
estimate how many seats there will be, due to the number of seats at other local
theatres, and the popularity of Gloucester Quays, Est. 1000 seats. Although it is
unlikely to sell out, I feel we would have a better chance of booking more seats
due to the interest the new theatre would bring, as we are the first to perform
there. Therefore I will budget on the assumption that we sell 60% of the seats. 8
x 600 (60% of 1000) = 4,800 per performance, we plan to do one performance
6 days a week. 4,800 x 6 (Performances) = 28,800 per week. However, I am
also relying on a relationship with the theatre, which means they will take 30%
of all ticket sales. 30% of 28,800 = 8,640. 28,800 - 8,640 = 20,160 (Ticket
Sales Per Week)

I02 Programme Sales Est. on selling 100 per performance at 2, with each
one costing 1 (Print) x 12 (Performances). 1 (Profit) x 1,200 (Programmes Per
Week) = 1,200

B01 Capital Total capital costs

B02 Running Total running costs

B03 Total of all costs

B04 Total of all costs adding 15% contingency

B05 Total of all Income

B06 Balance showing estimated profit for production providing that we sell at
least 60% of the seats for every show

Bibliography

Equity Website
TMA Website
http://stageone.uk.com/media/files/downloads/tma_rates_union%202007.pdf
https://www.glassdoor.co.uk/Salaries/production-manager-salary-
SRCH_KO0,18.htm
http://www.jobzoo.co.uk/choosing_a_job/job_path/theatre/jobs/production_m
anager/salary/
https://uktheatre.org/theatre-industry/rates-of-pay/uk-theatre-equity-
performers/
https://www.the-warehouse.co.uk/corporate/
The Everyman Theatre Website
http://www.keepitgloucestershire.co.uk
http://gloucesterprintshop.co.uk
Warden Media Website
http://www.samuelfrench.co.uk/p/1846/vinegar-tom
The Roses Theatre Website