ASSOCIAÇÃO DE AMIGOS DE MÚSICA DE SÃO LOURENÇO
Financial Report for the year to 30th. June, 2009
This is really now my last report to the members and am very pleased to pass my duties to the safe hands of Michael Savage.
The outcome for the year as expected is a deficit of €2,745 against a surplus for last year 2007/08 of €3,835. This is almost totally explained by the increase of support to the Centro Cultural (CCSL) of €5,890.
Our normal income is static and indicates that the increase in subscriptions of €25 is justified. The association’s reserves are substantial but can be eroded. Members support in the form of contributing to individual concerts or musicians is less and is to be expected in the current financial climate.
The attendance figures are as follows:
2009 2008 2007 2006 2005 2004
Paying Guests 36 41 36 45 42 37
Members 33 36 33 34 37 34
69 77 69 79 79 71
The average cost of each concert was:
2009 2008 2007 2006
Average Cost € 915 546 816 705
Concerts 16 16 18 14
Another interesting statistic is that the average number of visiting musicians per concert was 2 which must explain the increase this year and of course members’ individual support being less.
It is very clear that if we wish to maintain high quality and versatility in our concerts the price has to be paid.
As I continue to
be a member I look forward to the association’s progress.
Edwin B. Bisset