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12
TROUBADOURS THEATRE
Monthly operating expense- 5 performances per week (Year 1)
Personnel:
18 full time, 18 part time	$	50,000
FICA, etc., @20%	10.000
Total	$	60,000
Other:	
Telephone	$ 1,000
Gift shop/bar inventory	8,000
Office supplies	500
Reserve	2,000
Legal	500
Accounting	1,000
Insurance	2,500
Advertising	15,000
Travel	500
Royalties	2,000
Make-up	1,500
Costume cleaning/repair	2,000
Utilities	6,000
Programs	2,000
Loan repayment	10,000
Miscellaneous	1.000
Subtotal (before taxes)	$55,500
Local/state taxes	1,000
Sales tax (7%)	9,000
Corporate tax (net to $50,000)	500
Depreciation	2.500
Total	$	68,500
Personnel
Other
Total
$ 60,000 68.500 $128,500