Sunset Cultural Center, Inc. (SCC) ANNUAL COMMUNITY MEETING

WHO: The Board of Trustees of Sunset Cultural Center, Inc. (SCC), Chaired by Chairman Jim Price

WHAT: 2009 Annual Community Meeting
Presentation of Financial and Facility Use Information
Solicit Feedback from the Public about Programs and Operations
Questions & Answer Session

WHEN: Saturday, June 27, 2009 @ 10:00 A.M.

WHERE:
Sunset Center Lobby
E/s San Carlos St. @ 9th Av.
Carmel-by-the-Sea, CA

NOTE: Refreshments served courtesy of Cypress Inn, Carmel

FOR MORE INFORMATION:
Barbara Davison - Office Manager
831-620-2052

Peter Lesnik - Executive Director
831-620-2040
execdir@sunsetcenter.org

SUNSET CULTURAL CENTER, INC
Highlights of Summary of Operations
YTD – 06/30/2009 (July 2008 – June 2009)

Income:
Total operating income:
Actual YTD: $910,881
Budget YTD:$1,123,353
Better (Worse) than Budget: ($212,472)

Expenses:
Total expenses:
Actual YTD: $1,705,539
Budget YTD: $1,836,353
Better (Worse) than Budget: $130,814

Increase (decrease) from operations:
Actual YTD: ($794,658)
Budget YTD: ($713,000)
Better (Worse) than Budget: ($81,658)

Support from City of Carmel-by-the-Sea:
Enabling grant $713,000

Increase (decrease) in net assets:
Actual YTD: ($81,658)
Budget YTD: $0
Better (Worse) than Budget:($81,658)

Enabling Grant as a % of non-performance expenses:
Actual YTD: 54%
Budget YTD: 51%
Better (Worse) than Budget: -5%

Theater Utilization:
Performance days:
Historic Presenting Partners, Sunset Center Presents, Other events
Totals:
Actual YTD: 98
Budget YTD: 100
Better (Worse) than Budget: (2)

Community events:
Totals:
Actual YTD: 23
Budget YTD: 23
Better (Worse) than Budget: 0

Total Days of Theater Use:
Actual YTD: 146
Budget YTD: 143
Better (Worse) than Budget: 3

For comparison: Total Theater Events:
Actual YTD: 152
Budget YTD: 151
Better (Worse) than Budget: 1