garfield Posted December 28, 2012 Author Share Posted December 28, 2012 The Colts Statement of Revenue (Note: Revenue is broken down into one of three categories: "Contributions, gifts, grants, etc.", "Program Service Revenue", or "Other Revenue") Contributions, gifts, grants, etc (Note: All entries in this category are classified as "All Other contributions, gifts, grants, etc") 2009: $386,809 2010: $360,117 2011: $265,307 (minus $121,502 [31.4%] from 2009) Quote Link to comment Share on other sites More sharing options...
garfield Posted December 28, 2012 Author Share Posted December 28, 2012 The Colts Revenue Program Service Revenue Membership Dues 2009: $393,602 2010: $409,633 2011: $444,440 (plus $50,838 [13%] from 2009) Performances 2009: $299,183 2010: $296,589 2011: $298,494 Total Program Service Revenue 2009: $692,785 2010: $706,222 2011: $742,934 (plus $50,149 [7.2%] from 2009) Observation: It appears they made up about half of the decline in contributions, grants, gifts, etc with increases in membership dues. Quote Link to comment Share on other sites More sharing options...
garfield Posted December 28, 2012 Author Share Posted December 28, 2012 The Colts Revenue Other Revenue Net Rental Income 2009: $28,781 2010: $30,198 2011: $31,806 Net gain (loss) on sale of assets other than inventory 2009: $31,419 2010: $82,915 2011: $109,427 Observation: We've seen this category include equipment sales, but there's no indication what's included in these numbers. Net Income (loss) from sales of inventory 2009: $25,828 2010: $30,347 2011: $24,151 Note: This category typically includes (or is) souvies Miscellaneous Revenue Bus Rental Income 2009: $9,379 2010: $13,469 2011: $6,000 Quote Link to comment Share on other sites More sharing options...
Pit_Girl_77 Posted December 29, 2012 Share Posted December 29, 2012 The Colts Controller/Designer Jeff Macfarlane Observation: OK, this one tickles my funny bone. The controller is also a designer? As in, show designer? Financial statement designer? Costume designer? A number-cruncher who also has creative talent? Isn't that an oxymoron? I'm hoping someone here who's familiar with Mr. Macfarlane can shed some light on what kind of designer he is for the corps. Anyone who can see creativity in number-crunching is someone I want to know more about! Yep, Jeff does all the accounting bookwork stuff, as well as graphic design stuff with the website, concepts for guard uniforms and flags, show tickets and posters, sovies, and lots of other stuff. He is part of the design team for music/show theme for both the Colts and Colt Cadets, and was program cordinator for the Colt Cadets the past few years. He is a superhero :) Check out more about Jeff here: Jeff MacFarlane Quote Link to comment Share on other sites More sharing options...
garfield Posted December 29, 2012 Author Share Posted December 29, 2012 Yep, Jeff does all the accounting bookwork stuff, as well as graphic design stuff with the website, concepts for guard uniforms and flags, show tickets and posters, sovies, and lots of other stuff. He is part of the design team for music/show theme for both the Colts and Colt Cadets, and was program cordinator for the Colt Cadets the past few years. He is a superhero :) Check out more about Jeff here: Jeff MacFarlane Wow! Thanks Pit_Girl. Jeff's a drummer, a small business owner, a design guy, a drummer, has a great family with a patient wife (who must roll her eyes a lot), a numbers guy, a drummer, and a great smile. Did I mention he's a drummer? Jeesh, is there anything wrong with this guy? :tongue:/> Quote Link to comment Share on other sites More sharing options...
garfield Posted December 29, 2012 Author Share Posted December 29, 2012 The Colts Expenses (Note: Each expense line item can be categorized in one or more of three definitions: "Program Service Expense (PSE)", "Management and Other Expense (MGE)", or "Fundraising Expense (FRE)".) Compensation of current oficers, directors, trustees, and key employees 2009: PSE: $40,572, MGE: $20,286, FRE: $40,572, Total: $101,430 2010: PSE: $39,840, MGE: $19,920, FRE: $39,840, Total: $99,600 2011: PSE: $60,488, MGE: $30,244, FRE: $60,488, Total: $151,220 Other salaries and wages 2009: PSE: $228,637, MGE: $25,433, Total: $254,070 2010: PSE: $210,501, MGE: $4,827, FRE: $15,000, Total: $230,328 2011: PSE: $125,253, MGE: $6,625, FRE: $15,000, Total: $146,878 (Note: Because of the apparent variations in reporting I'll total the above by year.) Total compensation, salaries, and wages (totals of two categories above) 2009: PSE: $269,209, MGE: $45,719, FRE: $40,572, Total: $355,500 2010: PSE: $250,341, MGE: $24,747, FRE: $54,840, Total: $329,928 2011: PSE: $185,741, MGE: $36,869, FRE: $75,488, Total: $298,098 Quote Link to comment Share on other sites More sharing options...
garfield Posted December 29, 2012 Author Share Posted December 29, 2012 The Colts Expenses Advertising 2009: PSE: $21,413, MGE: $7,918, FRE: $6,699, Total: $36,030 2010: PSE: $7,177, FRE: $4,041, Total: $11,218 2011: PSE: $6,115, FRE: $1,590, Total: $7,705 Occupancy 2009: PSE: $42.043, MGE: $10,243, FRE: $3,759, Total: $56,045 2010: PSE: $27,711, MGE: $7,390, FRE: $1,847, Total: $36,948 2011: PSE: $30,152, MGE: $3,758, FRE: $939, Total: $34,849 Travel 2009: PSE: $57,916, MGE: $6,319, Total: $64,235 2010: PSE: $58,193, MGE: $5,060, Total: $63,253 2011: PSE: $52,406, MGE: $3,249, Total: $55,655 Quote Link to comment Share on other sites More sharing options...
garfield Posted December 29, 2012 Author Share Posted December 29, 2012 The Colts Expenses Tour Transportation 2009: PSE: $256,354 2010: PSE: $282,559 2011: PSE: $269,000 Performance Expense 2009: $141,353 2010: $195,414 2011: $208,907 Member food costs 2009: $99,228 2010: $119,232 2011: $130,806 Quote Link to comment Share on other sites More sharing options...
garfield Posted December 29, 2012 Author Share Posted December 29, 2012 Before we finish up, one final detail about Expenses. Many people compare charitable organizations based on the amount of money that actually gets to the charitable purpose of the organization vs. the administrative expenses used to get the money there. The 990's provide a look at this comparison by requiring expenses to be categorized into two categories, Program Service Expenses and Management and General Expenses. For 2011, Total expenses were $9,429,827. Of that amount, $6,555,032 (69.5%) went to Program Service Expenses and $2,874,795 (30.5%) went to Management and General Expenses. In 2010, Total Expenses were $8,875,705. Of that, $5,768,844 (65%) was Program Service and $3,106,861 (35%) was Management and General. In 2009, Total Expenses were $8,542,134. $5,373,139 (62.4%) were Program Service and $3,168,985 (37.6%) were M&G. (Sorry, just realized the order by year is reversed from prior posts.) If this is a representation of efficiency, these numbers look pretty good. Seven percent more of DCI's Revenue was spent on Program Service in 2011 than in 2009, and Management and General expenses consumed less of the Revenue over these three years. This would be a good thing depending on where you stand and what's behind the numbers. More money going into Program (show) expenses could mean more money is being paid out to corps, or it could mean more money went into show production (like venue costs, etc). Anecdotally, I have noticed a decline in the number of attendants guarding the entrys to prevent fans from entering or leaving during a show. Those savings in venue costs (if my observation is a true representation) may mean the corps make more but the fans suffer more disruptions, for example. Without an explanation of Program Expenses there's no way to tell who got the benefit of DCI's greater management "efficiency". EDIT: If it's reasonable to presume that the corps benefited most from this increase in effeciency, I have to ask: What the heck are they complaining about? With all that DCI does to produce a tour (venue, rights, travel, etc) is it reasonable to think that a "Music in Motion" tour could be produced more efficiently? The Colts Program "Efficiency" (as defined above) 2009: Of $1,245,650 in total expenses, $1,066,400 (85.6%) was PSE 2010: Of $1,283,169 in total expenses, $1,116,330 (87%) was PSE 2011: Of $1,241,725 in total expenses, $1,061,072 (85.4%) was PSE Quote Link to comment Share on other sites More sharing options...
jjeffeory Posted December 29, 2012 Share Posted December 29, 2012 Wow! Thanks Pit_Girl. Jeff's a drummer, a small business owner, a design guy, a drummer, has a great family with a patient wife (who must roll her eyes a lot), a numbers guy, a drummer, and a great smile. Did I mention he's a drummer? Jeesh, is there anything wrong with this guy? /> He's a drummer? </jk> Quote Link to comment Share on other sites More sharing options...
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