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5.1: Budget
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Budgeting for theater productions involves managing various expenses creatively to minimize costs while ensuring quality. Key considerations include non-negotiable production rights, with fees varying for plays and musicals. Venue costs depend on ownership or rental agreements, and savings here can be redirected. Set and costume designs must be carefully budgeted, potentially utilizing storage or donations.
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5.2: Sample Budget
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The page outlines expenses and revenue categories for a performance production. Expenses include production rights, venue rental, set, costumes, props, lighting designer, marketing materials, programs/tickets, and stipends, with specific costs calculated per performance or supply needs. Revenue is derived from ticket sales and donations. The financial outcome is determined by subtracting the total expenses from the total revenue to yield a grand total.