Title
Theatre Troupe Summer Production “Shrek The Musical” License
History
The Orland Park Theatre Troupe presents a musical production each year held at the Carl Sandburg Performing Arts Center. The musical chosen for the 2016 summer production is “Shrek The Musical,” licensed through MTI Production. The musical is scheduled for June 16, 17, 18, and 19, 2016.
Licensing fees for the performances are $3,320.00 for three regular performances and the sneak preview. There are additional fees for materials, rental, and security that will be approximately $1,920.00. Projected revenue is $19,200, based on an average ticket price of $16.00 if 400 seats are sold per performance.
On October 19, 2015, this item was reviewed and approved by the Parks and Recreation Committee, recommended for approval and referred to the Village Board of Trustees for consideration.
Financial Impact
The funds are available in FY16 account 283-4002-490470 in the amount of $5,240.00 for rights and royalties.
Recommended Action/Motion
I move to approve the contract with MTI Production and to approve fees not to exceed $5,240.00 for the production of “Shrek The Musical.”