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...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.