1 minute read

Financial Snap Shot

Next Article
Artistic Advocates

Artistic Advocates

FINANCIAL SNAPSHOT

Milk Crate Theatre operated in deficit in 2019, utilising funds that had been secured in previous years to stage Natural Order. 2020 was an anomalous year with the advent of COVID-19 which reduced our ability to earn income and deliver on projects which were previously funded. Milk Crate Theatre was able to contract expenses and secure support through Government and Philanthropic sources to deliver 2020 programming online.

Advertisement

The above figures provide a summary of our 2019 and 2020 financials and should be read in conjunction with the audited Financial Reports (produced separately).

REVENUE ($000s)

Commonwealth Govt State Govt Local Govt Corporate Donations & Fundraising Performance & Workshops fees Other Income COVID Support

TOTAL INCOME 2019

171.4 160 52.1 22.2 109.5 40 22.5 0

577.7 2020

0 83.5 20 45.6 151.1 2.7 1.1 168.9

472.9

EXPENSES

People Production Marketing Other 538.7 32 30 60.9 350 1.8 3.9 44

TOTAL EXPENSES 661.6 399.7

Image Credit: OLC workshop collaborator. Photo by Kay Armstrong.

This article is from: