Location
Often we think of income ‘only’ in terms of funding, subscriptions or ticket sales. There definitely is a lot to delve into on those three topics, but is there more we could be exploring? Are we thinking about the whole financial picture?
70% of Making Music performing groups and 58% of volunteer promoters break even every year; but 15% and 23% respectively regularly make a loss. So finances are always a topic groups are thinking about, to maintain that balancing act of breaking even, yet remaining accessible to participants and audiences in their community.
2022 was still Covid-influenced in terms of income, but 83% of you had an annual income of below £14,500. So you are not huge, financially – and the good news therefore is that literally every penny helps: even by finding small additional bits of income, you can improve the stability and sustainability of your group.
So join us to talk about all the possible sources of income, how realistic – and reliable – they are, and how you may vary them to achieve as much as you can financially for your group. This will include funding, subscriptions, ticket sales, other earned income, sponsorship, tax reliefs, donations.
Making Music will introduce the topics with a presentation, including talking about the statistics from the Big Survey 2022, and provide information and links to relevant Making Music resources.
There will also be plenty of opportunity to share your experiences and tips and to ask fellow members’ advice, in the main Zoom room and breakout rooms.
We'll talk about:
- What the potential sources of income are for your music group
- What are their pros and cons – reliability, prospects, amounts, repeatability
- How you might think of maximising them in the context of your group
- Your particular challenges and issues to debate and ask of fellow members
There will be an opportunity to ask questions via the chat function during the event.
Who this event is for:
This event is of most interest to anyone from a leisure-time music group involved in strategy and the planning of the finances.
Others are very welcome to attend if they believe the discussion will be of interest to them.
Cost: FREE for members
We will be using Zoom to host the meeting, and will send the joining link by email, one hour before the event is due to start.
Please read the event information below before reserving your place.
Registration for this event closes at 3pm on 18/02/24.
Event information:
- This event includes a Powerpoint presentation
- This event includes participant-led discussion
- Questions will be taken via the chat function at this event
- Breakout rooms will be used at this event
- Automated closed captions (subtitles) will be available at this event. If you require live captioning, please contact us to request this
Recording information:
We may decide to record this event, either for publishing on our website, or so that we can review it internally.
- We will announce at the beginning of the event if a recording is being made and what it will be used for
- We will usually record in speaker view, meaning only people who speak will be recorded
- If you speak, your image and voice will be captured in the recording
- Attendee names as displayed in a Zoom meeting will not be captured in the recording
- If you do not want your image to be captured, you may turn off your camera during the event. However, please be aware that if you do, your name will be displayed in place of your image, unless you have uploaded an image to your profile in Zoom
- Breakout rooms will not normally be recorded
- Your comments in the chat box will not form part of the recording
By booking a place and attending this event, you consent to being recorded in this way.
Inclusivity statement:
We aim to make our events as accessible as possible. If you have any particular accessibility requirements or if there is anything else we can do to help make the event a better experience for you, please let us know.
Cancellation policy:
Making Music reserves the right to cancel an event due to low attendance numbers, adverse weather conditions or other circumstances which make it no longer possible to run the event.
