SPIRIT OF SPRINGFIELD
STATEMENT OF MODIFIED CASH FLOWS
FOR THE YEAR ENDED JUNE 30, 1997
The data listed below was reproduced from the
2nd annual report for year two.
Dated 12/4/97
| Revenue | Bright Nights at Forest Park |
| Ticket sales | $ 632,853 |
| Concessions | 24,315 |
| Program Book | 24,381 |
| Total Revenue | 682,049 |
| Support | |
| Gifts and contributions | 166,000 |
| Donated materials and services (Note 1) | 405,716 |
| Total Support | 571,716 |
| Total Revenue and Support | 1,253,765 |
| Expenses | |
| Advertising | 7,712 |
| Casual labor | 63,818 |
| Professional Services | 38,237 |
| Hospitality | 2,226 |
| Equipment Rental | 14,445 |
| Sound and Lighting | 14.457 |
| Supplies | 56,963 |
| Printing and production | 63,419 |
| Security | 186,946 |
| Insurance | 15,000 |
| Promotions | 5,643 |
| Office expenses | 3,204 |
| Gift shop | 18,469 |
| Interest | 29,303 |
| Payroll Taxes | 1,540 |
| Wages | 20,489 |
| Donated materials and services (Note 1) | 405,716 |
| Display maintenance | 143,358 |
| Total expenses Before Capital Expenditures | 1,090,945 |
| Capital expenditures (Note 2 ) | 39,746 |
| Total expenses | 1,130,691 |
| Net cash profit before net borrowings and accrual to cash adjustment | 123,074 |
| Long term debt, net (Note 3) | (117,013) |
| Accrual to cash adjustment (receivables and payables, net) (Note 4) | (25,881) |
| Total cash used | (19,820) |
| Cash at beginning of year | 25,365 |
| Cash at end of year | 5,545 |