Exhibit 1. Summary of the Contract with Mosesian Center for the Arts Black Box Theater Service Fee Hours per show Hall rental per week, including practices and performance $1,000 One-time ticket set-up fee $30 Technical support and lighting (4-hour minimum) $30 per hour 1.5" Sound techinician (4-hour minimum) $30 per hour House management $60 per show Facility fees $2 per ticket Ticket convenience charges $3 per ticket 1.5 # *SETU would have to pay a minimum of 4 hours ($120) even if SETU does not use 4 hours of technical support and lighting. **SETU would have to pay minimum of 4 hours ($120) even if SETU does not use 4 hours of sound technician. Exhibit 3. Assumptions for Estimating Ticket Sales and Receipts Estimated number of shows Price per ticket - adult $25 including $5 in fees Price per ticket - student and senior $22 including $5 in fees Estimated percentage of adult ticket 70% Estimated percentage of student and senior ticket 30% Maximum capacity 90 seats Average occupancy per show 50% 4 Exhibit 3. Assumptions for Estimating Ticket Sales and Receipts Estimated number of shows Price per ticket - adult $25 including $5 in fees Price per ticket - student and senior $22 including $5 in fees Estimated percentage of adult ticket 70% Estimated percentage of student and senior ticket 30% Maximum capacity 90 seats Average occupancy per show 50% Color Scheme for Exhibit TN1 Data Entry For cells in this color, find the numerical information in the case and enter the correct number. Calculations For cells in this color, calculate the answer based on information found in other colored cells. Assumptions Ticket sales assumptions Estimated number of shows Price per ticket - adult Price per ticket - student and senior Estimated percentage of adult ticket Estimated percentage of student and senior ticket Maximum capacity Average occupancy per show Variable costs assumptions Facility fees Ticket convenience charges Step costs assumptions Technical support and lighting (4-hour minimum) Number of technical support hours per show Sound technician (4-hour minimum) Number of sound technician hours per show House management per hour per hour per show per hour Budget Actual Ticket sales assumptions Estimated number of shows Price per ticket - adult Price per ticket - student and senior Estimated percentage of adult ticket Estimated percentage of student and senior ticket Maximum capacity Average occupancy per show Variable costs assumptions Facility fees Ticket convenience charges Step costs assumptions Technical support and lighting (4-hour minimum) per hour Number of technical support hours per show Sound technician (4-hour minimum) Number of sound technician hours per show House management per show Budgeted Statement Based on Four Shows SETU (Stage Ensemble Theater Unit, Inc.) Kamala at the Mosesian Center for the Arts Black Box Theater - March 31, April 1, and April 2, 2017 RECEIPTS Budget Actual EXPENDITURE Total Variable Costs Black Box Theater, including adults, students, and seniors TOTAL ESTIMATED TICKET RECEIPTS Total Contribution Margin Cash donation Step Costs: From Solution to Question 2b In-kind food donation Technical support and lighting (4-hour minimum) Cash and In-Kind Food Donations Total Sound technician (4-hour minimum) TOTAL BUDGETED RECEIPTS House management Total Step Costs Fixed Costs: Hall rental per week, including practices and performance One-time ticket set-up fee Rental for rehearsal Stage decoration and transportation of dcor Additional light and sound Brochures and printing Publcity for various ads, interviews, Facebook ads, etc. Make-up Food during performances and rehearsals Copyright payment Other Total step and fixed costs Operating Income Before Donations NET OPERATING INCOME ESTIMATED Exhibit 1. Summary of the Contract with Mosesian Center for the Arts Black Box Theater Service Fee Hours per show Hall rental per week, including practices and performance $1,000 One-time ticket set-up fee $30 Technical support and lighting (4-hour minimum) $30 per hour 1.5" Sound techinician (4-hour minimum) $30 per hour House management $60 per show Facility fees $2 per ticket Ticket convenience charges $3 per ticket 1.5 # *SETU would have to pay a minimum of 4 hours ($120) even if SETU does not use 4 hours of technical support and lighting. **SETU would have to pay minimum of 4 hours ($120) even if SETU does not use 4 hours of sound technician. Exhibit 3. Assumptions for Estimating Ticket Sales and Receipts Estimated number of shows Price per ticket - adult $25 including $5 in fees Price per ticket - student and senior $22 including $5 in fees Estimated percentage of adult ticket 70% Estimated percentage of student and senior ticket 30% Maximum capacity 90 seats Average occupancy per show 50% 4 Exhibit 3. Assumptions for Estimating Ticket Sales and Receipts Estimated number of shows Price per ticket - adult $25 including $5 in fees Price per ticket - student and senior $22 including $5 in fees Estimated percentage of adult ticket 70% Estimated percentage of student and senior ticket 30% Maximum capacity 90 seats Average occupancy per show 50% Color Scheme for Exhibit TN1 Data Entry For cells in this color, find the numerical information in the case and enter the correct number. Calculations For cells in this color, calculate the answer based on information found in other colored cells. Assumptions Ticket sales assumptions Estimated number of shows Price per ticket - adult Price per ticket - student and senior Estimated percentage of adult ticket Estimated percentage of student and senior ticket Maximum capacity Average occupancy per show Variable costs assumptions Facility fees Ticket convenience charges Step costs assumptions Technical support and lighting (4-hour minimum) Number of technical support hours per show Sound technician (4-hour minimum) Number of sound technician hours per show House management per hour per hour per show per hour Budget Actual Ticket sales assumptions Estimated number of shows Price per ticket - adult Price per ticket - student and senior Estimated percentage of adult ticket Estimated percentage of student and senior ticket Maximum capacity Average occupancy per show Variable costs assumptions Facility fees Ticket convenience charges Step costs assumptions Technical support and lighting (4-hour minimum) per hour Number of technical support hours per show Sound technician (4-hour minimum) Number of sound technician hours per show House management per show Budgeted Statement Based on Four Shows SETU (Stage Ensemble Theater Unit, Inc.) Kamala at the Mosesian Center for the Arts Black Box Theater - March 31, April 1, and April 2, 2017 RECEIPTS Budget Actual EXPENDITURE Total Variable Costs Black Box Theater, including adults, students, and seniors TOTAL ESTIMATED TICKET RECEIPTS Total Contribution Margin Cash donation Step Costs: From Solution to Question 2b In-kind food donation Technical support and lighting (4-hour minimum) Cash and In-Kind Food Donations Total Sound technician (4-hour minimum) TOTAL BUDGETED RECEIPTS House management Total Step Costs Fixed Costs: Hall rental per week, including practices and performance One-time ticket set-up fee Rental for rehearsal Stage decoration and transportation of dcor Additional light and sound Brochures and printing Publcity for various ads, interviews, Facebook ads, etc. Make-up Food during performances and rehearsals Copyright payment Other Total step and fixed costs Operating Income Before Donations NET OPERATING INCOME ESTIMATED