Loading...
HomeMy WebLinkAboutCentury Center 2026 Monthly Budget-to-ActualP&L Line Item Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec FY Total FY Budget Variance Event Income Actual Actual Actual Actual Actual Actual Actual Forecast Forecast Forecast Forecast Forecast Event Rent Revenue $57,050 $31,058 $81,650 $38,850 $48,503 $67,820 $15,850 $30,650 $33,388 $24,350 $33,075 $32,201 $494,445 $508,375 ($13,930) Food & Beverage Revenue $60,080 $73,733 $60,096 $66,019 $177,246 $170,311 $47,622 $139,542 $230,331 $36,851 $100,842 $183,750 $1,346,422 $1,714,231 ($367,809) Ticketing Revenue -$96 ----------$96 -$96 Unmanifested & Premium Event Revenue --------------- Parking Revenue $21,490 $7,590 $24,860 $8,497 $12,792 $20,233 $3,847 $4,325 $3,650 $8,320 $7,190 $3,630 $126,424 $111,695 $14,729 Billable/Recharge Services $8,838 $5,778 $22,125 $5,220 $15,388 $14,598 $1,700 $3,431 $856 $2,111 $635 $450 $81,130 $156,611 ($75,481) Ancillary Revenue $3,582 $6,988 $4,563 $10,268 $2,154 $25,845 -$36,895 $302,538 $7,005 $9,939 $24,750 $434,527 $65,130 $369,397 Co Pro Profit Share --------------- Contra Revenue --------------- Other Event Related Income --------------- Gross Event Income $151,040 $125,243 $193,294 $128,854 $256,083 $298,807 $69,019 $214,842 $570,763 $78,637 $151,681 $244,781 $2,483,044 $2,556,038 ($72,994) F&B COGS ($14,718)($20,186)($16,343)($12,472)($452)-($9,139)($23,220)($47,737)($7,598)($21,966)($36,497)($210,327)($342,233)$131,906 F&B Other Expenses ($1)----$10,574 -($13,215)($24,533)($9,558)($15,797)($26,140)($78,670)($241,299)$162,629 Event Payroll ($13,281)($15,934)($16,612)($15,910)($19,672)($17,088)($11,169)($26,513)($43,763)($7,002)($19,160)($34,913)($241,016)-($241,016) Service Expenses ($5,179)($21,784)($8,117)($6,222)($8,440)($15,989)($2,362)($75,560)-($265)($600)($635)($145,153)($97,119)($48,034) Promoter Rebates --------------- Premium Expenses --------------- Event Expenses ($33,180)($57,904)($41,072)($34,604)($28,564)($22,503)($22,670)($138,508)($116,032)($24,423)($57,522)($98,185)($675,167)($680,649)$5,482 Net Event Income $117,860 $67,339 $152,222 $94,250 $227,519 $276,304 $46,349 $76,334 $454,730 $54,215 $94,159 $146,597 $1,807,877 $1,875,389 ($67,512) Event Margin 78.0%53.8%78.8%73.1%88.8%92.5%67.2%35.5%79.7%68.9%62.1%59.9%72.8%73.4%-0.6% Non-Event Income Sponsorship --------------- Premium Seating --------------- Other Non-Event Income $123,461 $125,574 $126,797 $125,926 $124,676 $124,067 $128,553 $129,056 $129,056 $129,056 $129,056 $129,064 $1,524,342 $1,548,680 ($24,338) Total Non-Event Income $123,461 $125,574 $126,797 $125,926 $124,676 $124,067 $128,553 $129,056 $129,056 $129,056 $129,056 $129,064 $1,524,342 $1,548,680 ($24,338) Non-Event Direct Cost --------------- Adjusted Gross Income $241,321 $192,913 $279,019 $220,176 $352,195 $400,371 $174,902 $205,390 $583,786 $183,271 $223,215 $275,661 $3,332,219 $3,424,069 ($91,850) Indirect Expenses Employee Salaries and Wages $112,986 $108,205 $105,366 $115,864 $129,686 $127,970 $121,589 $130,390 $130,390 $130,390 $130,390 $130,390 $1,473,616 $1,564,680 ($91,064) Benefits $9,715 $9,542 $7,894 $9,609 $10,756 $10,613 $10,084 $10,814 $10,814 $10,814 $10,814 $10,814 $122,283 $129,768 ($7,485) Less: Event Labor Allocations ($13,281)($15,934)($16,612)($15,910)($19,672)($17,088)($11,169)($26,513)($43,763)($7,002)($19,160)($34,913)($241,016)($247,068)$6,052 Century Center 2026 Actuals + Rolling Forecast All Other Operating Payroll $35,963 $34,459 $33,787 $47,578 $53,254 $52,549 $49,929 $53,543 $53,543 $53,543 $53,543 $53,543 $575,234 $642,516 ($67,282) Total Employee Wages and Benefits $145,382 $136,272 $130,435 $157,142 $174,024 $174,044 $170,433 $168,234 $150,984 $187,745 $175,587 $159,835 $1,930,117 $2,089,896 ($159,779) Fixed Costs $3,329 $4,171 $8,133 $12,568 $2,802 $7,575 $8,678 $8,700 $8,700 $8,700 $8,700 $8,700 $90,756 $104,400 ($13,644) Administrative Taxes --------------- Operations $18,798 $3,404 $102,976 $2,184 $487 $1,316 $1,508 $1,512 $1,512 $1,512 $1,512 $1,512 $138,234 $18,144 $120,090 Utilities $35,658 $37,884 $35,851 $50,319 $11,220 $30,327 $34,745 $34,833 $34,833 $34,833 $34,833 $34,833 $410,170 $417,996 ($7,826) Rent --------------- Repair & Maintenance $13,468 $547 $24,806 $13,827 $3,083 $8,334 $9,548 $9,572 $9,572 $9,572 $9,572 $9,572 $121,474 $114,864 $6,610 G&A Recovered --------------- IT, Computer Equip, Software --------------- Other $9,510 $3,932 $3,791 $12,312 $2,745 $7,421 $8,502 $8,523 $8,523 $8,523 $8,523 $8,523 $90,827 $103,564 ($12,737) Professional Services $17,805 $2,472 $20,186 $17,829 $3,976 $10,746 $12,311 $12,342 $12,342 $12,342 $12,342 $12,342 $147,034 $148,104 ($1,070) Service Charges & Fees $2,396 $2,667 $3,851 $2,186 $487 $1,317 $2,656 $1,513 $1,513 $1,513 $1,513 $1,513 $23,126 $19,846 $3,280 SG&A: Facility Start Up Expenses --------------- Staff Related Costs $725 $2,185 $564 $1,800 $401 $1,085 $1,243 $1,246 $1,246 $1,246 $1,246 $1,246 $14,233 $15,952 ($1,719) Supplies $7,023 $2,057 $4,995 $7,347 $1,638 $4,428 $5,073 $5,886 $5,086 $5,086 $5,086 $5,086 $58,792 $61,832 ($3,040) Training ---$20 $5 $12 $14 $14 $14 $14 $14 $14 $121 $168 ($47) Insurance $1,056 $1,056 $1,056 $10,112 $2,255 $6,095 $6,982 $7,000 $7,000 $7,000 $7,000 $7,000 $63,612 $84,000 ($20,388) T&E $393 $393 $393 $1,166 $260 $703 $805 $807 $807 $807 $807 $807 $8,147 $9,684 ($1,537) Venue Management Fee $14,670 $15,237 $14,767 $27,177 $6,060 $16,380 $18,766 $18,813 $18,813 $18,813 $18,813 $18,813 $207,121 $225,756 ($18,635) Depreciation/Amortization --------------- Other Income (Expenses) Total Operating Expenses $270,213 $212,277 $351,804 $315,989 $209,444 $269,782 $281,264 $278,995 $260,945 $297,706 $285,548 $269,796 $3,303,763 $3,414,194 ($110,431) Net Income (Loss)($28,892)($19,364)($72,785)($95,813)$142,751 $130,589 ($106,362)($73,605)$322,841 ($114,436)($62,333)$5,865 $28,456 $9,871 $18,585 EBITDA ($28,892)($19,364)($72,785)($95,813)$142,751 $130,589 ($106,362)($73,605)$322,841 ($114,436)($62,333)$5,865 $28,456 $9,871 $18,585