Where your money is going:

Every festival has costs required to be able to make the event happen. Below is a comprehensive list of all the costs for this year’s event, so you know EXACTLY where your money is going.

2024 BUDGET COMING SOON

Any money that is left over from these budgets will be added to the profits to be donated to the local art program we have chosen with the exception of the Organizers Compensation and Next Year’s Budget %. Our goal is to be able to spend the least amount of money we can (while still ensuring we create a high quality festival) to put on this event in order to maximize the profits we are able to donate. If we can cut down on our expenses, we will.

Important notes

• Random expenses may come up as we move closer to event day. After the festival has happened, we will update our budget with our exact expenses to maintain full transparency and send it out in our newsletter!

• Any money that is left over from these budgets will be added to the profits to be donated to the local art program we have chosen with the exception of the Organizers Compensation. Our goal is to be able to spend the least amount of money we can (while still ensuring we create a high quality festival) to put on this event in order to maximize the profits we are able to donate. If we can cut down on our expenses, we will.

Organizers Compensation

Once the total profits (after event costs) are totaled, Jeremy Couture (Founder/Producer/Organizer) will take 15% of the profits as compensation for planning, organizing, advertising, and producing the event. The remaining profits will be donated to the arts program that was chosen for this year.

Next year's budget %
Once the total profits (after event costs) are totaled, Lubbock Live will keep 20% of the profits in order to get a head start on expenses for the following year.

In Summary
After event costs, the Organizers Compensation (15% of Profits), and Next Year’s Budget % (20% of Profits) the remaining 65% of the profits will be donated to the recipient

Last years expenses:

Below is a list of all the costs for last year’s event.

• Advertising/Marketing: $6,696.35

• Catering: $603.13

• Fundraising: $6,608.62

• Salaries: $21,000

• Emcee: $1,500

• Labor: $300

• Graphic Design/Merch: $4,940.06

• Concert Supplies: $1,905.09

• Legal & Professional Services: $1325

• Meals/Entertainment: $1,000

• Music/Theater/Dance: $17,495

• Office Supplies & Software: $1,915.29

• Other Business Expenses: $500

• Photography/Videography: $7,153

• Security: $2,665.53

• Sound: $6,000

• Venue Rental: $2,000

*Total costs: $83,107.07

* Does not include organizers compensation or next year’s budget