troopers1 Posted January 4, 2013 Share Posted January 4, 2013 Well done, Pac Crest. You set a great example! Quote Link to comment Share on other sites More sharing options...
perc2100 Posted January 4, 2013 Share Posted January 4, 2013 Again, impressive. Very impressive. TOTALLY would've plussed ya if you had directly quoted Empire Strikes Back here ("Impressive. Most impressive.") Quote Link to comment Share on other sites More sharing options...
garfield Posted January 4, 2013 Author Share Posted January 4, 2013 TOTALLY would've plussed ya if you had directly quoted Empire Strikes Back here ("Impressive. Most impressive.") :tongue:/> Well the MOST impressive thing I've ever seen is the space shuttle (even more impressive than the Death Star). I didn't want to over-exaggerate my enthusiasm for PC. So you should + me anyway. :tongue:/> 2 Quote Link to comment Share on other sites More sharing options...
garfield Posted January 4, 2013 Author Share Posted January 4, 2013 Pacific Crest Expenses (Note: Expense line items are categorized into one or more of three expense types: "Program Service Expense (PSE)", "Management and General Expense (MGE)", and "Fundraising Expense (FRE)". Compensation of current officers, directos, trustees, etc 2008: MGE: $27,500 2009: PSE: $13,302, MGE: $9,999, FRE: $9,999, Total: $33,300 2010: PSE: $12,000, MGE: $9,000, FRE: $9,000, Total: $30,000 2011: PSE: $13,200, MGE: $21,900, FRE: $9,900, Total: $45,000 Other Salaries and Wages 2008: MGE: $20,900 2009: PSE: $28,950, MGE: $7,200, Total: $36,150 2010: PSE: $23,000, MGE: $13,083, Total: $36,083 2011: PSE: $27,250, MGE: $11,632, Total: $38,882 Fees for Service 2008: PSE: $26,311, MGE: $3,004, FRE: $1,000, Total: $30,315 2009: PSE: $39,100, MGE: $1,566, FRE: $1,000, Total: $41,666 2010: PSE: $56,799, MGE: $7,916, FRE: $1,000, Total: $65,715 2011: PSE: $47,949, MGE: $3,156, FRE: $1,000, Total: $52,105 Quote Link to comment Share on other sites More sharing options...
garfield Posted January 4, 2013 Author Share Posted January 4, 2013 Pacific Crest Expenses Office Expense 2008: PSE: $18,482, MGE: $6,727, FRE: $9,616, Total: $34,825 2009: PSE: $52,519, MGE: $11,869, FRE: $7,655, Total: $72,043 2010: PSE: $17,851, MGE: $17,722, FRE: $3,459, Total: $39,032 2011: PSE: $12,051, MGE: $21,051, FRE: $4,733, Total: $37,835 Observation: Did Stuart buy himself a new, cushy office chair in 2009? More likely some items were included in that year that were not in the other years. Occupancy 2008: PSE: $9,810, MGE: $1,492, Total: $11,302 2009: PSE: $16,711, MGE: $4,800, Total: $21,511 2010: PSE: $39,499, MGE: $4,800, Total: $44,299 2011: PSE: $30,711, MGE: $2,400, Total: $33,111 Touring Expenses 2008: PSE: $263,384 2009: PSE: $240,024 2010: PSE: $268,311 2011: PSE: $279,591 Production Costs 2008: Not identifiable 2009: PSE: $41,900 2010: PSE: $91,913 2011: PSE: $95,362 Quote Link to comment Share on other sites More sharing options...
garfield Posted January 4, 2013 Author Share Posted January 4, 2013 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? Pacific Crest Program "Efficiency" (as defined above) 2008: Of $473,762 in Total Expenses, $395,214 (83.4%) was PSE 2009: Of $560,174 in Total Expenses, $486,667 (86.8%) was PSE 2010: Of $641,991 in Total Expenses, $552,553 (86.1%) was PSE 2011: Of $679,854 in Total Expenses, $575,770 (84.7%) was PSE Quote Link to comment Share on other sites More sharing options...
Jeff Ream Posted January 5, 2013 Share Posted January 5, 2013 Well the MOST impressive thing I've ever seen is the space shuttle (even more impressive than the Death Star). I didn't want to over-exaggerate my enthusiasm for PC. So you should + me anyway. /> Don't be too proud of this technological terror you've constructed Quote Link to comment Share on other sites More sharing options...
garfield Posted January 6, 2013 Author Share Posted January 6, 2013 (edited) Pacific Crest Balance Sheet Assets Cash and Savings 2008: $35,955 2009: $40,509 2010: $36,334 2011: $40,992 Accounts Receivable 2008: $5,420 2009: $4,262 2010: $1,925 2011: $5,326 Pledges and Grants Receivable 2008: $0 2009: $0 2010: $20,500 2011: $5,250 Inventories for Sale or Use 2008: $5,006 2009: $8,842 2010: $9,891 2011: $15,798 Land, buildings, and equipment (at cost less accumulated depreciation) 2008: $274,840 2009: $264,471 2010: $290,658 2011: $301,585 Total Assets 2008: $321,777 2009: $338,084 2010: $379,308 2011: $398,059 Total liquid assets 2008: $46,937 2009: $73,613 2010: $88,650 2011: $96,474 Edited January 6, 2013 by garfield Quote Link to comment Share on other sites More sharing options...
garfield Posted January 6, 2013 Author Share Posted January 6, 2013 Pacific Crest Balance Sheet Liabilities Accounts Payable 2008: $925 2009: $4,919 2010: $4,288 2011: $2,454 Deferred Revenue 2008: $5,770 2009: $3,130 2010: $22,257 2011: $16,311 Total Liabilities 2008: $6,695 2009: $8,049 2010: $26,545 2011: $18,765 Quote Link to comment Share on other sites More sharing options...
garfield Posted January 6, 2013 Author Share Posted January 6, 2013 This ends our look at Pacific Crest. And, once again, thanks to Stuart Pompel for providing the 2011 forms. We're down to the last four corps to review: Mandarins, Oregon Crusaders, Cascades, and Jersey Surf. In that order. Note: We'll skip BDB, Teal, and Vanguard Cadets. Quote Link to comment Share on other sites More sharing options...
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