AB Films Budget
FY2014 (July 1, 2013 - June 30, 2014)
A permanent committee whose purpose is to provide weekly showings of films in the McConomy Auditorium in the University Center. There are 4 nights a week in which AB Films provides events - Thursday (which plays independent/foreign films), Friday (which plays box office hits), Saturday (which works with Saturday Late Night groups to show films or plays classic films on days without events), and Sunday (which plays cult/horror films). An updated list of films can be found on our website www.activitiesboard.org/films.
JFC Rep: Willy Elmore (welmore)
Summary
| Requested | |
|---|---|
| Expenditures | $87,900.00 |
| Capital | $60,000.00 |
| Revenue | ($16,000.00) |
| Final | $71,900.00 |
| Recommended | |
|---|---|
| Expenditures | $63,060.00 |
| Capital | $0.00 |
| Revenue | ($19,000.00) |
| Final | $44,060.00 |
| Final | |
|---|---|
| Expenditures | $65,560.00 |
| Capital | $0.00 |
| Revenue | ($19,000.00) |
| Debt | ($0.00) |
| Rollover | ($0.00) |
| Total Subsidy | $46,560.00 |
| FY14 Starting Balance | $46,560.00 |
Income and Revenue
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Revenue-Rental and Sales Income (-) | $6,000.00 | $9,000.00 | $9,000.00 |
Ticket Sales for movies ($1 with CMU ID, $3 without) YTD, you brought in 7000. JFC believes 9000 is possible |
| Revenue-Outside Funding (-) | $10,000.00 | $10,000.00 | $10,000.00 |
SDC Subsidy. SDC used to show Saturday films, AB Films has taken over booking these films |
| Sub-Total | -$16,000.00 | -$19,000.00 | -$19,000.00 |
Advertising
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Ops-Advertising and Publicity (+) | $500.00 | $0.00 | $500.00 |
Official movie posters, gotten from distributors, for advertising new releases ($10 per poster, on avg 2 posters per week). Granted during 2nd round appeals |
| Ops-Advertising and Publicity (+) | $3,000.00 | $2,500.00 | $2,500.00 |
Printing posters for weekly advertising. We have streamlined our advertising to cut costs on weekly posters from four posters a week to one, but would like to increase the scope of our print advertising to allow for monthly calendar print outs and postcard calendars as we have found that these increase the weekly attendance and therefore our revenue. Stick to 2500 |
| Sub-Total | $3,500.00 | $2,500.00 | $3,000.00 |
Equiptment Repair/Maintenance
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Ops-Equipment Repair (+) | $2,500.00 | $2,500.00 | $2,500.00 |
Cinema Consultants Projector Repair. If we are able to purchase the new digital projector this cost will cover equipment maintenance. |
| Ops-Equipment Repair (+) | $1,000.00 | $1,000.00 | $1,000.00 |
Repair cost for sound/video equipment (not under Cinema Consultants Contract) |
| Ops-Equipment Repair (+) | $2,500.00 | $2,500.00 | $2,500.00 |
Annual McConomy maintenance fund as agreed upon by the UC, AB, and Mediatech |
| Sub-Total | $6,000.00 | $6,000.00 | $6,000.00 |
Payroll/Professional Services
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Salary-Payroll and Benefits (+) | $4,000.00 | $4,000.00 | $4,000.00 |
Projectionist wages 7hours a week x $8/hour for 23 weeks plus contingencies such as projecting for the International Film Festival and movies sponsored by other Carnegie Mellon organizations to be covered by revenue. |
| Ops-Professional Services and Performers (+) | $800.00 | $560.00 | $560.00 |
Campus Security for TBA (400 for Fall, 400 for Spring). Based on actual cost |
| Sub-Total | $4,800.00 | $4,560.00 | $4,560.00 |
Capital
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Capital Expense Fund (+) | $60,000.00 | $0.00 | $0.00 |
Cost of purchasing a new digital projector. 35mm film is no longer being distributed and we will no longer we able to continue to request and show 35mm films on our current projector. The film industry shift to digital has made our current system obsolete and in order to continue to exist as an organization and provide the campus with weekly movies we will need to update our system to digital projection. Already paid for by Media Reserve |
| Sub-Total | $0.00 | $0.00 | $0.00 |
Movie Screenings
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Ops-Rental Equipment (+) | $73,600.00 | $50,000.00 | $52,000.00 |
Cost for public screening rights of movies. Average $800 per movie for 23 weeks shown at an average rate of 4 movies per week. This represents an increase in the cost of movies due to the increase in the number of large blockbuster films that will be released this coming year. Granted during 2nd round appeals |
| Sub-Total | $73,600.00 | $50,000.00 | $52,000.00 |
Meetings
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Food-Refreshments for General Body Meetings (+) | $0.00 | $0.00 | $0.00 |
Food for one AB Films general meeting each semester (the meeting following the Activities Fair). To encourage attendance and maintain recruitment for 30+ committee. This will be payed for by AB main. |
| Sub-Total | $0.00 | $0.00 | $0.00 |
By Object Code
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Capital Expense Fund (+) | $60,000.00 | $0.00 | $0.00 | Cost of purchasing a new digital projector. 35mm film is no longer being distributed and we will no longer we able to continue to request and show 35mm films on our current projector. The film industry shift to digital has made our current system obsolete and in order to continue to exist as an organization and provide the campus with weekly movies we will need to update our system to digital projection. |
| Food-Refreshments for General Body Meetings (+) | $0.00 | $0.00 | $0.00 | Food for one AB Films general meeting each semester (the meeting following the Activities Fair). To encourage attendance and maintain recruitment for 30+ committee. This will be payed for by AB main. |
| Ops-Advertising and Publicity (+) | $500.00 | $0.00 | $500.00 | Official movie posters, gotten from distributors, for advertising new releases ($10 per poster, on avg 2 posters per week). |
| Ops-Advertising and Publicity (+) | $3,000.00 | $2,500.00 | $2,500.00 | Printing posters for weekly advertising. We have streamlined our advertising to cut costs on weekly posters from four posters a week to one, but would like to increase the scope of our print advertising to allow for monthly calendar print outs and postcard calendars as we have found that these increase the weekly attendance and therefore our revenue. |
| Ops-Equipment Repair (+) | $2,500.00 | $2,500.00 | $2,500.00 | Cinema Consultants Projector Repair. If we are able to purchase the new digital projector this cost will cover equipment maintenance. |
| Ops-Equipment Repair (+) | $1,000.00 | $1,000.00 | $1,000.00 | Repair cost for sound/video equipment (not under Cinema Consultants Contract) |
| Ops-Equipment Repair (+) | $2,500.00 | $2,500.00 | $2,500.00 | Annual McConomy maintenance fund as agreed upon by the UC, AB, and Mediatech |
| Ops-Professional Services and Performers (+) | $800.00 | $560.00 | $560.00 | Campus Security for TBA (400 for Fall, 400 for Spring). |
| Ops-Rental Equipment (+) | $73,600.00 | $50,000.00 | $52,000.00 | Cost for public screening rights of movies. Average $800 per movie for 23 weeks shown at an average rate of 4 movies per week. This represents an increase in the cost of movies due to the increase in the number of large blockbuster films that will be released this coming year. |
| Revenue-Outside Funding (-) | $10,000.00 | $10,000.00 | $10,000.00 | SDC Subsidy. SDC used to show Saturday films, AB Films has taken over booking these films |
| Revenue-Rental and Sales Income (-) | $6,000.00 | $9,000.00 | $9,000.00 | Ticket Sales for movies ($1 with CMU ID, $3 without) |
| Salary-Payroll and Benefits (+) | $4,000.00 | $4,000.00 | $4,000.00 | Projectionist wages 7hours a week x $8/hour for 23 weeks plus contingencies such as projecting for the International Film Festival and movies sponsored by other Carnegie Mellon organizations to be covered by revenue. |
By Ocode
| Requested | |
|---|---|
| Capital Expense Fund | $60,000.00 |
| Food-Refreshments for General Body Meetings | $0.00 |
| Ops-Advertising and Publicity | $3,500.00 |
| Ops-Equipment Repair | $6,000.00 |
| Ops-Professional Services and Performers | $800.00 |
| Ops-Rental Equipment | $73,600.00 |
| Revenue-Outside Funding | $10,000.00 |
| Revenue-Rental and Sales Income | $6,000.00 |
| Salary-Payroll and Benefits | $4,000.00 |
| Recommended | |
|---|---|
| Capital Expense Fund | $0.00 |
| Food-Refreshments for General Body Meetings | $0.00 |
| Ops-Advertising and Publicity | $2,500.00 |
| Ops-Equipment Repair | $6,000.00 |
| Ops-Professional Services and Performers | $560.00 |
| Ops-Rental Equipment | $50,000.00 |
| Revenue-Outside Funding | $10,000.00 |
| Revenue-Rental and Sales Income | $9,000.00 |
| Salary-Payroll and Benefits | $4,000.00 |
| Final | |
|---|---|
| Capital Expense Fund | $0.00 |
| Food-Refreshments for General Body Meetings | $0.00 |
| Ops-Advertising and Publicity | $3,000.00 |
| Ops-Equipment Repair | $6,000.00 |
| Ops-Professional Services and Performers | $560.00 |
| Ops-Rental Equipment | $52,000.00 |
| Revenue-Outside Funding | $10,000.00 |
| Revenue-Rental and Sales Income | $9,000.00 |
| Salary-Payroll and Benefits | $4,000.00 |
Summary
| Requested | |
|---|---|
| Expenditures | $87,900.00 |
| Capital | $60,000.00 |
| Revenue | ($16,000.00) |
| Final | $71,900.00 |
| Recommended | |
|---|---|
| Expenditures | $63,060.00 |
| Capital | $0.00 |
| Revenue | ($19,000.00) |
| Final | $44,060.00 |
| Final | |
|---|---|
| Expenditures | $65,560.00 |
| Capital | $0.00 |
| Revenue | ($19,000.00) |
| Debt | ($0.00) |
| Rollover | ($0.00) |
| Total Subsidy | $46,560.00 |
| FY14 Starting Balance | $46,560.00 |