Chapter 6
Money and Budget
“Theatre can be good, fast, cheap—pick any two.”
—Old theatre proverb
One of the key functions of the production manager is the creation and management of the production budget. Your immediate supervisor, whether it is a producer or client, will expect you to have intimate knowledge of the elements of the production and stay within the allocated funds for the project. This chapter will explain where funds come from and where they should go, as well as techniques for tracking money and managing changes.
Income Sources
Before you can decide how much money to spend on an event or production, you must first know how much you have. Funding for any performing arts organization comes from a variety of sources, and accounting ...
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