CFN – Where’s the Money? That’s what many in
In 2011 the festival had to borrow $30,000 from the City of Cornwall in a most unprofessional incident that didn’t even require the group to open their books or put up security. The loan was paid back, but the public still was asking where the money went from 2010?
In 2012 attendance was down to less than 25,000 people; but even at the minimum ticket price that would put $625,000 into the coffers of the event and then you have to add in sponsorship and fundraising.
CFN spoke with several promoters and forensic accountants. This scribbler has also promoted over 200 events in my past career so I’m also no stranger to costs of an event.
This year’s version of Lift Off is also off to a rocky start. The headliner’s have not resonated well with the public.
The Cornwall Daily ran a poll that started before the bands were announced and as of 9:00 AM this morning were still running.
As you can see those saying that they wouldn’t attend nearly doubled over the weekend with the no number nearly hitting 90% Saturday night.
Again, with only 20,000 people attending that would be an expected $500K in ticket dollars.
The fee quotes of the headliners playing amounts to about $75,000. Add in another $75,000 for lights and sound and you’re up to $150,000 – let’s say the Lift Off volunteers are total nobs and can’t negotiate a good deal even if you double those costs which isn’t really likely you’re up to $300K
Co Chair Jason Jesmer stated that their advertising is usually contra based (advertising for perks and signage)
Lift Off gets numerous breaks for the park – staff are volunteers; in other words there are not huge other costs. If they added up to another $25,000 it’d be surprising; but again, let’s double that amount and you still get a total of about $350,000, well less than the low ball expectations of $500K from ticket revenue.
Now add in sponsorship and other revenues to the pie and again the question becomes louder.
Where’s the money?
Surely with these kind of numbers the Lift Off team could up the ante and bring in some of the more desirous talent on tour in the region this year?
While they did make a great choice of adding more local talent (and finally paying them!) they also chose to not add in secondary bands as they have in years past.
While a private promoter is free to do what they wish Lift Off receives support from taxpayers and the City. Cornwall Kinsmen Lift Off is supposed to be the signature event for Cornwall.
The Lift Team has changed up its board of directors, again, (former chairs Savard, Rick Shaver, and Judi Auger have all left since 2010) but many are asking if it’s the same old same old? Is it being connected to the Kinsmen? Sut surely the community deserves an answer to where the money is going, and as a non-profit surely every penny should be spent on putting on the best show possible?
CFN was proud to be a part of the best Lift Off ever, back in 2010. We’d love to see this event shine, but it needs to be professionally run by professional people. The “All Volunteer” excuse just doesn’t cut it when it comes to large amounts of money. Surely the seeds of success lie in Lift Off; but to do that it should be about all of the community and being totally inclusive. Adding board members who let their personal and petty biases decide how to run things will never lead to success.
Story note. Co-Chair Jason Jesmer was contacted. He refused to update 2013 ticket prices (Many of the 2012 ticket prices doubled)
With Rib Fest and other events in the region competing for tourist dollars any event has to reach the most people possible and that takes a concentrated all year effort. Updating the event website helps to as Lift Off, even though having their announcement party have yet to do so; nor does their website as of print time even mention their sponsors for 2013?
Lift Off is something that Cornwall should and could be proud of. The support of hundreds of volunteers across the community is amazing. But surely those volunteers and taxpayers deserve transparency, accountability, and the best show that it can be?
Will you be buying tickets to Lift Off in 2013? You can vote in our poll and post your comments below.
UPDATE 3:00 PM Monday April 29
The Cornwall Daily has taken down their poll question regarding Lift Off. Lift Off have updated their website, but either they or crack provider Webtech haven’t mastered the art of embedding You Tube clips yet. They have not updated their sponsor list.
(Comments and opinions of Editorials, Letters to the Editor, and comments from readers are purely their own and don’t necessarily reflect those of the owners of this site, their staff, or sponsors.)
I’m afraid $50. for two per night is a bit too expensive for us, we will go around to the carnival with our grandchildren and enjoy any of the free events but won’t be sitting inside the fencing to listen to the bands and I really miss doing so, meeting friends and family to enjoy a night of good music. We’ll wait for ribfest and enjoy the waterfront in the meantime.
Where’s the money ? Good question, events like this are supposed to turn a small profit with seed money for the following year. Not this year. Heard from a board member that Lift-Off actually secured a bank loan for this year to pay deposits on what we know now is a pretty lame headliner line-up.
Well Chris if the same questions are being asked year after year maybe it’s time to answer some of them. Either the crowds are smaller than they are suggesting or there’s an awful lot of money not being accounted for.
That’s why some organizations have to wake up and realize the status quo isn’t good and that better people have to be brought in. The Chamber this year asked the city to cut the fee for the Civic Complex. If the Chamber were less corrupt; more effective, and MUCH more inclusive they’d have better results. Why should taxpayers have to foot the bill for people not wanting to be inclusive and professional?
It’s time for change and if that means hurting some people’s feelings then those people should have thought about how they do business.
The Chamber does the same old same old every year and expects a different result. So much has changed in retail and they way we consume goods and services that’s an issue and they haven’t seem to figure that our yet. And isn’t this same Chamber who advocates that business taxes are too high? Take away a 30% revenue stream from the Complex revenue side and guess how the difference will be made up? Yep higher taxes.
If it’s nice out, and I’m off work….I’ll go Friday night…You can practically stand right beside these professionals and experience true talent…Burton Cummings is one. Lou Gramm is another. These guys are as significant to me today as they were 20 years ago.. especially with the American Idol shrink wrapped crap that they feed us now. “Video truly did kill the Radio Star”.
Burton Cummings. lol… want to know where a ton of that money went from last year unnecessarily? ask him. I hear they paid a ton for him. Randy Bachman was good though the year before. No sorry, the lineup just doesn’t warrant the money spent. I’d rather go to Bluesfest and take in some real acts.
Does anyone ever attend just to have fun?
Three words have been deleted in all dictionaries in Cornwall .
Those words are …Honesty…….Accountability … and Transparency ……
That pretty well says it all .!!!
Where’s the money? The fact that they refused to open their books speaks volumes! Someones making a hell of a lot of money! Any guesses?
lol @ crack provider webtech
Where’s the money? If this is a Kinsmen event… would the money maybe have gone back to the Kinsmen… perhaps the event is like a fundraiser for them? I dunno.