So, 55k profit then? I suppose it bepends how you mean management costs. Could just be third party security or cover every cost for the event. I don’t know. I had a chat with him about this and he was generally pissed off that he couldn’t get any kind of straight answer from them or clarification of how these costs were defined.
He seemed ok with it when it was the farmers market event (which was much more of a family event and which I pointed out definitely lost money) but was annoyed that he could get an answer about profit and that it was no longer as family focussed. I don’t think that really bothers me hugely (although I would probably prefer the over all family event I think as it was a nice community event) but the lack of transparency (when you dig into some of the details) is frustrating for a number of people
£350k+ - £45k does not equal £55k. Hope you’ve managed to pay the correct sum for Sofia’s invoice!
Anyway - head over here if you want to discuss further: Mighty Hoopla, Cross The Tracks, Wide Awake & Field Day festivals, Brockwell Park - discussion