Financial Feasibility Study

This study includes an analysis of all facility operations costs, planning and construction:

• The operating budget includes projections for:
  • Earned income (admissions, sales, rentals, memberships, etc.)
  • Contributed income (private and public)
  • Operating expenses (salaries, overhead, maintenance, etc.)
  • Special programming costs
    
• Capital construction estimates for facility planning construction include:
  • Consultant fees
  • Site acquisition and development
  • Construction costs
  • Equipment and furnishings
  • Project financing
    
• The Capital Financing Study includes
  • Capital dollars available for construction
  • Financing strategies
  • Cash flow projections
  • Economic impact of facility on the community.

To help you determine the financial feasibility of your project, we have included a series of financial feasibility worksheets for performing and visuals arts. These worksheets are meant to be guides, not blueprints.  As you complete the worksheets, adjust them to fit your particular situation.