Title
2017 Musical - Beauty and the Beast
History
The annual Orland Park Theatre Troupe musical production, Disney's Beauty and the Beast, will be held March 24 - 26, 2017, at Carl Sandburg High School Performing Arts Center. The rights and royalties were secured in 2016 from Music Theatre International (MTI) in New York. The total cost of the contract included royalty fees to sell tickets on the main floor at Carl Sandburg High School Performing Arts Center. The fees for rights and royalties totaled $4,790.00.
Due to the popularity of the show, the main floor tickets for the Sunday matinee on March 26 have sold out. With this being the last performance date, staff does not want to turn people away at the door, therefore, staff would like to add the balcony seats to the Sunday performance for an additional royalty expense of $555.00. Only 35 tickets of the 214 available balcony seats would need to be sold to cover the $555.00 expense. The contract with MTI is currently at $4,790.00; with the additional royalty fee for the Sunday balcony seats, the total cost would be $5,345.00. This production is currently on track to exceed the budgeted revenues for 2017.
This agenda item is being considered by the Parks & Recreation Committee and the Village Board of Trustees meeting on the same night. Village Board approval will be contingent upon receiving an approval recommendation at the Parks & Recreation Committee meeting.
Financial Impact
This item will be covered by offsetting revenue from additional ticket sales of the balcony seats at $14, $16 or $18 per ticket.
(Expenditure Account #283-4002-490470).
Recommended Action/Motion
I move to approve the additional payment of $555.00 to MTI (total contract fee of $5345.00) for the additional royalties for balcony seats for the Sunday, March 26, 2017, production of Beauty and the Beast.