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First Year Finances - Tower Operations Estimated Annual Operating Costs and Administrative Overhead Detail / Ice Tower Only | Salaries & Wages | | | | Executive Director | | $48,000 | | | | Manager | | $30,000 | | | | Full Time Assistant
| | $24,000 | | | | Part Time Assistant
| | $18,000 | | | | | Sub Total
| $120,000 | | | | Overhead | | $16,200 | | | | | Total Payroll Expense | $136,200 | | | | | | | Other Expenses
| | | | Phone/Computer ISP
| | $4,800
| | | | Water | | $2,400 | | | | Electricity | | $55,000 | | | | Liquid Nitrogen | | $12,000 | | | | Liability Insurance
| | $10,000 | | | | Land Lease and Removal Bond
| | $30,000 | | | | Climbing Gear and Ropes
| | $20,000 | | | | Tower Supplies
| | $5,000 | | | | Office Supplies
| | $1,200 | | | | Legal and Accounting
| | $5,000 | | | | Fundraising, Advertisement and Promotion
| | $18,000 | | | | Vehicle
| | $6,000 | | | | | Subtotal | $169,400 | | | | Miscellaneous (5%)
| | $8,470
| | | | | Total Other Expenses
| $177,870
| | | | | Total Annual Expenses
| $314,070 | | | | | | | | | | | | | Income
| | | | Potential User Fees (300 Days x 72 people x $20)
| $432,000
| | | | | Estimated Actual Fees (20% of potential)
| | $86,400 | | | | Grant - Subsidized children courses & disabled programs
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| $80,000 | | | | Potential Guided Course Rental (24 weeks x 5,000)
| $120,000
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| | | | Guided Course Tower Rent (12 weeks x $5,000)
| | $60,000
| | | | Outdoor Retailer Summer Demo Days (net)
| $5,000
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| | | | Outdoor Retailer Winter Demo Days (net)
| $15,000
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| | | | Total Outdoor Retailer Demo Days (net)
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| $20,000
| | | | Tower Sponsors
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| $100,000
| | | | Adventure Discount Card Sales (800 x $25) |
| $20,000
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| Total Annual Income
| $366,400 | | | | | | | | | | | | | Notes:
| | | 1 - Three 4-hour blocks of time most days, except summer months, each 4-hour block available to experienced climbing public @ $20 per person, including boots, crampons, gloves, harnesses, helmets and ice tools. Inexperienced people can receive AMGA certified private instruction for $80 per person; semi private for $70 per person or groups of 3 for $60 per person; groups of 4 for $50 per person or groups of 5 for $40 per person. Profits from guiding, after paying tower time, will help fund Ogden Climbing Parks' programs. | | | 2 - Guided course: 10 clients x 5 days, midweek, midday x $1,200 per person all inclusive = $12,000 minus $5,000 tower rent, yields $7,000 gross profit to Ogden Climbing Parks to pay guides and expenses, excess profits go back into programs.
| | | 3 - When sponsor matrix is fully subscribed, the yield will be $225,000 annually. Ogden Climbing Parks has agreed that the $75,000 title sponsorship can be used to offset construction costs, leaving $150,000 towards operations.
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