Title
Financial Recap Centennial Park West Concerts 2019 - 2025
History
The Village has been hosting concerts at Centennial Park West since 2011.
In 2019, the Village hosted the first ticketed concert featuring headliner 4Cast, Jefferson Starship and Loverboy. In addition, a free concert was offered over Labor Day weekend featuring local cover bands. Revenues totaled $57,160 including $44,490 from the sale of 1,767 tickets, $8,200 in sponsorships, $3,688 in beer/wine sales and $782 in merch sales. Expenses totaled $165,201. Expense highlights include $90,252 in entertainment fees, $39,653 in rentals, $4,392 for porta-potties, $4,824 in food and meals, $265 in services and $20,768 in marketing, printing and promotions. The overall net was a negative $108,041.
In 2020, the Village introduced the Centennial Park West Concert Series featuring national artists on three dates as a package cost. Due to the pandemic, artists were unable to perform causing the cancelation of the Series. The Village instead, hosted two in-person/drive-in concerts in the Centennial Park West parking lots. Each date featured three local cover bands. Expenses totaled $61,282. Expense highlights included $21,950 in entertainment fees, $31,894 in rentals, $3,780 for porta-potties, $2,700 in services and $958 in marketing, printing and promotions. Alcohol sales generated $567 in revenue. The overall net was a negative $60,706.
In 2021, the Village hosted its first Concert Series with three ticketed concerts on three dates featuring nine artists. The June concert featuring Scott Stapp with openers 4CAST and Filter was cancelled due to heavy rain. Revenues totaled $98,784 including $86,961 in tickets from the sale of 2,434 tickets, $7,825 in sponsorships and $3,680 in beer/wine sales and $318 in merch sales. Expenses totaled $388,154. Expense highlights included $230,538 in entertainment fees, $96,617 in rentals, $8,317 for porta-potties, $5,622 for food and meals and $41,135 in marketing, pr...
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