OCEF NY Concert Financials
Part I: Proceeds & Expenses
Ticket Proceeds   Event Expenses   Proceeds Breakdown OCEF XPP
Credit Card $8,865 Floor Protection Cover ($1,283) Ticket Proceeds $15,972 $544
Check $6,250 Post Event Lunch ($537) Ticket Expenses ($3,068) ($111)
Cash $1,400 Clothes Hanger ($101) Net Ticket Proceeds $12,904 $432
Ticket SubTotal $16,515 Event Catering ($1,046)
Miscellaneous ($297) Auction Proceeds $12,643 $2,766
Auction Proceeds   Performer Car Service ($50) Auction Expenses ($3,500) ($599)
Paypal-Credit Card $5,542 Paper arts and red envelope ($128) Net Auction Proceeds $9,143 $2,168
Check $9,175 Cleaning Fee ($500)
Cash $692 Florist's Delievery ($150) Net Donation Proceeds $3,250 N/A
Auction SubTotal $15,409 Building Doormen tip ($50)
Wine purchase ($500) Total Net Proceeds $25,298 $2,600
Donation Proceeds   Piano Moving ($500)
Credit Card $0 Tote bag shipping ($48)
Check $2,500 Paddle ($154)
Cash $750 Tote Bag 1 ($500)
Donation SubTotal $3,250 Printing and hanger tags ($24)
Tote Bag 2 ($94)
Net Proceeds to OCEF   Printing Biz Card and etc. ($184)
Total Proceeds $35,175 Event Expenses SubTotal ($6,145)
Shared Proceeds (w/ Donors) ($3,729)
Event Proceeds $31,446 Other Expenses  
Event Expenses ($6,145) XPP Shared Auction Proceeds ($2,300)
Net Proceeds* $25,301 XPP Shared Ticket Proceeds ($429)
* Net of shared proceeds and expenses, not including Matching Gifts. Shihao Li Shared Proceeds ($1,000)
Other Expenses SubTotal ($3,729)
Part II: Expense Allocation
  Expense per Guest # of Guests Expense Allocation
Regular Guest ($25) 88 ($2,177)
VIP Guest ($37) 20 ($742)
Corporate Sponsor ($87) 3 ($260)
Total Ticket Expense Allocation     ($3,179)
Total Auction Expense Allocation     ($2,966)
Total Expense Allocation     ($6,145)
Part III: Tax Deductible Amount
Guest Information Number Cost Allocation Unit Notes # No Tax Ded.
# of Regular Guest 88 2 2 hours 0
# of VIP Guest 20 3 3 hours 0
# of Corporate Sponsor 3 7 1 VIP + 2 Regular 0
Ticket Tax Deductible $13,336 <--- Regular Guest Tax Ded. $6,420
Auction Items Tax Deductible $4,160 VIP Guest Tax Ded. $4,205
Donation (100% Tax Deductible) $3,250 Corporate Sponsor Tax Ded. $2,711
Total Tax Deductible Amount 20,746