ABCDE
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REVENUES
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Item$/UnitUnits #Total ($)Explanation & Links
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GRANTS:
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Government of Canada: Canada Book Fund$5,000.001$5,000.00The Canada Book Fund from the Canadian Heritage specifically supports the promotion of Canadian-authored books and “serves as strengthening the infrastructure and efficiency of the Canadian book industry. The eligible appliers for this grant should be Canadian-owned and represent the Canadian book publishing industry, which fits our event circumstances. https://www.canada.ca/en/canadian-heritage/services/funding/book-fund/support-organizations.html
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BC Art Council: Project Assistance- Professional Literary Arts$2,500.001$2,500.00 The Project Assistance grant provides financial supports “the realization of a single literary arts activity or event, or the artistic programming activities of a literary arts organization or collective”, which fits our event's programming and purpose. https://www.bcartscouncil.ca/program/professional-literary/
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SPONSORSHIPS:
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Pacific Canada Heritage Centre - Museum of Migration$3,500.001$3,500.00Our Premier Sponsor for the Festival https://pchc-mom.ca/
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Youth Collaborative for Chinatown$1,500.001$1,500.00Prestige Sponsor for the Festival - support towards Festival programming, promotion and marketing http://ycc-yvr.com/
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Iron Dog Books$1,800.001$1,800.00Premiere Sponsor for the Festival - support towards Festival programming, promotion and marketing https://irondogbooks.com/
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Canadian Society for Asian Arts$600.001$600.00Crown Sponsor for the Festival - support towards Festival programming, promotion and marketing https://canadiansocietyforasianarts.org/
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Asian Canadian Writers Workshop$300.001$300.00Crown Sponsor for the Festival - support towards Festival programming, promotion and marketing http://www.asiancanadianwriters.ca/
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EARNED REVENUES:
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Ticket Sales - Festival Only$25.0030$750.00Room's maximum attendee capacity is 80
30 = 100 person venue capacity - 4 Organizers - 4 Speakers - 2 Volunteers - 10 Sponsors - 50 Festival+Networking event bundle tickets
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Ticket Sales - Festival + Networking Event$45.0050$2,250.00Room's maximum attendee capacity is 80
50 = 100 person venue capacity - 4 Organizers - 4 Speakers - 2 Volunteers - 10 Sponsors - 30 Festival Only tickets
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MERCHANDISE SALES:
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Tote Bag$25.0080$2,000.0080 bags @ $25 each
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Embossed Notebook$20.0080$1,600.0080 notebooks @ $20 each
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Reusable Mask$15.0050$750.0050 masks @ $15 each
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Book Sales$25.0053$1,325.0053 books @ $25 each, assuming 2/3 of the attendees (80) will purchase a book
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IN-KIND DONATIONS:
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Big Rock Brewery$5.0080$400.00Ace Festival Partner for the Festival - 80 cans ($5 each) of a variety of craft beers from a local micro brewery. Attendees must be 19+ and provide government issued ID to receive any alcohol. https://bigrockbeer.com/beer-sponsorship/
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Rosedale on Robson Hotel$157.001$157.00Ace Festival Partner for the Festival - covers hotel fees for author Vivek Shraya. https://www.rosedaleonrobson.com/apb-room-type/deluxe-king-suite/
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Tim Hortons$1.60125$200.00Ace Festival Partner for the Festival - small-sized cups of coffee and tea for attendees. In exchange, Tim Hortons will be recognized as the official beverages sponsor. https://www.fastfoodmenuprices.com/tim-hortons-prices/
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Total Revenues$24,275.00
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EXPENSES
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Item$/UnitUnits #Total ($)Explanation & Links
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VENUE EXPENSES:
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Venue (Up to 8 Hours Event Space)$2,123.001$2,123.005 Hours with Alcohol, 100 person capacity
Modern Inspired Event Space
https://www.peerspace.com/pages/listings/6053c6ebed3cce000cef7170
$2123 Flat Rate for up to 8 hours
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Add-on - Tables & Chairs$0.00100$0.00Tables and chairs provided for free from the venue upon request
https://www.peerspace.com/pages/listings/6053c6ebed3cce000cef7170
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Add-on - Projector & Screen$92.001$92.00HD 1080p Projector & Wall Mounted Screen provided with charge from the venue
https://www.peerspace.com/pages/listings/6053c6ebed3cce000cef7170
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Add-on - PA System$125.001$125.002 Yamaha DBR12 speakers, tripod stands, & 12 channel mixer provided with charge from the venue. Includes setup and teardown by staff.
https://www.peerspace.com/pages/listings/6053c6ebed3cce000cef7170
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Add-on - Microphone & Stand$24.004$96.001 Microphone & Stand set/Guest Speaker provided with charge from the venue
https://www.peerspace.com/pages/listings/6053c6ebed3cce000cef7170
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Volunteers$0.002$0.00Two volunteers are from The Asian Canadian Writers' Workshop.
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Event Food Catering (Volunteers & Staff)$15.0070$1,050.00Order from a nearby restaurant (Juke Chicken Chinatown location) for finger food appetizers and self serve. https://www.jukefriedchicken.com/.
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MERCHANDISE EXPENSES:
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Merchandise - Tote Bags$3.60100$360.00Myron Custom Cotton Tote Bag
Black or Natural (15"x15"), 1 colour Logo, 100pcs
Total price including Shipping, Handling, Taxes
https://www.myron.ca/100COTTOBG
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Merchandise - Complimentary Bookmarks$0.90100$90.00100 bookmarks @ $0.8174/bookmark
Complimentary gift for each participant
https://www.vistaprint.ca/marketing-materials/bookmarks
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Merchandise - Complimentary 1.5" Branded Buttons$0.30100$30.006 Cent Press - Custom 1.5" Buttons
Standard Production, Free local pickup
Complimentary gift for every participant
https://www.sixcentpress.com/products/custom-buttons/
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Merchandise- Cotton Antibacterial Face Masks$0.9050$45.00Cotton Antibacterial Face Mask ofr $0.90/unit. https://www.perfectpen.ca/auto-and-home/blank-fitted-cotton-mask-antimicrobial-additive-custom-bag/huz
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Merchandise - Embossed Softcover notebooks$10.57100$1,057.00Pedova™ Soft Bound JournalBook™ @ $10.57/journal
https://www.perfectpen.ca/stationery/pedova-soft-bound-journalbook/ppr-11110
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Book Wholesale Costs$10.3353$548.001. "How to Fail as a Pop Star" by Vivek Shraya (2021) - $11 x 19 units: https://www.amazon.ca/How-Fail-Popstar-Vivek-Shraya/dp/1551528428
2. "Made In Korea" by Sarah Suk (2021) - $10 x 17 units: https://www.barnesandnoble.com/w/made-in-korea-sarah-suk/1137941907
3. "My yt mama" by Mercedes Eng (2020) - $10 x 17 units: https://www.mcnallyrobinson.com/9781772012552/mercedes-eng/my-yt-mama
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Book Sales: Author 20% Commissions$5.0053$265.0020% commision of total book sales ($1325) will go towards the authors.
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ARTIST EXPENSES:
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Artist Fees$1,500.004$6,000.00Could not find some of author rates but some were attained from quotes: Vivek Shraya: https://www.aaemusic.com/artist/vivek-shraya/faqs/
Sarah Suk: https://www.sarahsuk.com/
Mercedes Eng: https://library.ryerson.ca/asianheritage/authors/mercedes-eng/
Eden Robinson: https://abcbookworld.com/writer/robinson-eden/
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Artist Travel Fee - Flight (Round Trip)$149.001$149.00One of our authors, Vivek Shraya resides in Calgary. Calgary-Vancouver Round Trip Flight tickets: https://www.aircanada.com/ca/en/aco/home.html?gclsrc=gf&gclid=AAnC9RvdlhPdVgOdxVUAi33Gr8DP8bEGYVJqHwIiMe2X033clrIcEvAM7aRzLhpMjgb5XSu4K3QL4JnGnhrUhdNG7kcKbZS4xBEHqBrt_ac#/farereview
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Artist Travel Fees - Uber (Round trip)$100.004$400.00Uber round-trip gift card value from venue to the authors' residence or hotel. https://uberca.launchgiftcards.com/?uclick_id=198a22bd-3171-46c6-ab5c-df08832ea2a0
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Artist Hotel Fee$157.001$157.00Covered by Rosedale on Robson Suite Hotel Partnership for Vivek Shraya. The other three authors reside in Vancouver.
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Artist Food Fees$30.004$120.00Provided food vouchers for a nearby restaurant (Bao Bei) that can be redeemed anytime of the day. https://www.bao-bei.ca/
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MARKETING EXPENSES:
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Web Hosting + Domain
shereadsfest.ca
$445.001$445.001 domain @ $0.99 + Business hosting @ $443.52
shereadsfest.ca
WordPress Host https://wordpress.com/pricing/
GoDaddy Domain https://ca.godaddy.com/domainsearch/
1st year $0.99 GoDaddy domain promotion
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Social Media Ads$2,000.001$2,000.00Social media advertising costs to be split between Instagram, Facebook, Twitter, Tiktok
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Sign-Board Banners$36.003$108.00 2 Photgrade Sign-Board Banners Outside by the entrance and 1 banner inside. https://www.eastvangraphics.ca/large-format-printing.shtml
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Indoor Poster$1.0050$50.00https://www.eastvangraphics.ca/digital-printing.shtml#P21
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Brochure$1.10100$110.00https://www.eastvangraphics.ca/digital-printing.shtml#P21
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Graphic Design Fee$500.001$500.00https://www.mcintyrecommunications.ca/pricing/
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OPERATIONAL EXPENSES:
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Square Point of Sale Terminal$131.002$262.002 Square Terminals + 2 Mobile Hotpot for Square Terminals.https://square.fello.com/show/cart
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Eventbrite Fees (Essential Package): Festival Only Tickets$1.1230$33.52Eventbrite Service Fee: 2%+$0.59 per sold ticket. Eventbrite Payment Processing Fee: 2.5% per order. https://www.eventbrite.ca/support/articles/en_US/Troubleshooting/how-much-does-it-cost-for-organizers-to-use-eventbrite?lg=en_CA
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Eventbrite Fees (Essential Package): Festival+Networking Event Tickets $1.5350$76.36Eventbrite Service Fee: 2%+$0.59 per sold ticket. Eventbrite Payment Processing Fee: 2.5% per order. https://www.eventbrite.ca/support/articles/en_US/Troubleshooting/how-much-does-it-cost-for-organizers-to-use-eventbrite?lg=en_CA
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1-Day Insurance Fee$182.001$182.00Based on insurance quote for one day event. https://www.insureon.com/small-business-insurance/special-event/cost
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Business License$111.001$111.00Based on Arts and Culture Indoor Event rate: https://bylaws.vancouver.ca/4450c.PDF
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BC Liquor License$100.001$100.00Special Event Permit: $100 per day/location. https://www2.gov.bc.ca/gov/content/employment-business/business/liquor-regulation-licensing/liquor-licence-permits/apply-for-liquor-licence-permit/special-event-permit
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STAFF SALARIES/HONORARIUMS:
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Event Coordinator$440.001$440.00Entry-level: $22/hr x 20 hours. Based on rates in Vancouver: https://ca.indeed.com/career/event-coordinator/salaries/Vancouver--BC
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Finance Administrator$440.001$440.00Entry-level: $22/hr x 20 hours. Based on rates in Vancouver: https://ca.indeed.com/career/financial-administrator/salaries
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Marketing Coordinator$400.001$400.00Entry-level: $20/hr x 20 hours. Based on rates in Vancouver: https://www.ziprecruiter.com/Salaries/Marketing-Coordinator-Salary-in-Vancouver,WA
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Volunteer Coordinator$300.001$300.00Entry-level: $20/hr x 15 hours. Based on rates in Vancouver: https://ca.indeed.com/career/manager-of-volunteer-services/salaries?from=top_sb
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Total Expenses$17,124.88
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Net Event Profits$7,150.12