‘Get Luchky’ falls in the red
The University Board is not disappointed ticket sales from last week’s Lucky Boys Confusion concert did not cover its cost, Caleb Judy, UB vice chair said Friday.
Approximately 700 tickets were sold for the performance, 150 fewer than what was considered the break-even point in the concert’s estimated budget. Judy said the UB hadn’t planned on breaking even.
“All ticket sales didn’t cover all the expenses, but we didn’t expect them to,” Judy said. “That’s the sweet thing about having a base budget.”
To pay off the performance, money will be taken from one of the other UB committee budgets with a surplus, Judy said, but the source of the money has not yet been determined.
“It’s not an exorbitant amount of money,” he said.
Funding of concerts is largely a guessing game, Judy has previously said.
The UB had fewer expenses than previously thought because the sound and lighting for this performance was a bit cheaper than originally expected, as was the catering, Judy said.
Judy said he was pleased with the turnout for this concert and is not worried about finances.
The Main Stage Committee, which plans events in 7th Street Underground, usually puts on three times as many events as the other UB committees but has not put on as many this semester, allowing it to fund last week’s concert, Judy said.
Judy did not have exact figures Friday, but he said the UB is able to cover the expenses and will not need to request an additional allocation from the Apportionment Board as it has in the past.
The AB oversees the budgets of the UB and four other boards funded through student activity fees, and it has a reserve account for situations such as these.
The most recent additional allocation was $17,000 granted to absolve debt from Family Weekend’s Cirque Eos.
The Main Stage Committee will likely continue to put on these smaller concerts next year, but they may also be funded by the concert fee, assuming it is approved, Judy said.
Shirley Stewart, interim vice president for student affairs and interim President Lou Hencken last week said they would pass the fee on to Eastern’s Board of Trustees. If the BOT approves the fee it will appear on student bills this fall.