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Financial Plan for a 1,000 Seat Theater
Detailing Construction, Equipment, Financing Costs, Together With An Analysis of Operating Expense and Computation of Profit Expectancy.
By GEORGE S. FALKENSTEIN Magaciner, Ebcrhard & Harris, Architects, Phila.
From "EXHIBITORS HERALD"
{Reprinted with Permission)
BUILDING COST
Ground $20,000
Construction 80,000
Heating and ventilating 6,500
Electric 6,000
Carrying charges during construction 3,000
Interior decorating 2,500
Marquise 1,000
Architect's fee 6,000
Scats $8,000
Organ 12.000
Booth equipment 3.500
Draperies, carpets, etc 2,000
Total cost
FINANCING
Mortgages $100,000
Cash in property 25,000
Cash on account equipment.. 3.500 Deferred payment 22,000
ANNUAL INCOME
1,000 seats 4 times per week
at 25c $52,000
Rent 2 stores at $75 per month 1,800
$125,000
25,500
$150,500
$150,500
$53,800
EXPENSES (Annual)
6 per cent $100,000 (approximate mortgage $6,000
Taxes, water rent, etc 2,000
Film cost ($150 per week) .. 7,800
Salaries: Manager $50
Organist 40
Ushers 40
Cashier 20
Janitor and film operator 50
$200 10 400
Advert:sing ($60 per week).. 3,120
Heat and light ($40 per week) 2,0<?0
Depreciation — replacement .... 3.000
PROFIT
Profit first year $19,400
Less equipment payments .... 11,000
Profit second year 19,400
Less equipment payments .... 11.000
Profit succeeding years
34,400
$19,400
$8,400
8,400 $19,400
National Board of Review Activities in 1927
NATIONAL BOARD OF REVIEW, a trained, volunteer, disinterested citizen organization, composed of over 300 people reviewing films in New York City before they are released to the public, with associate and advisory groups throughout the country. The Board is opposed to legal censorship and favors the constructive method of selecting the better pictures, pulishing classified lists of, and information about them, and building up audiences and support for this type of product through the work of community groups, in order that producers may be encouraged to make the finest pictures, and exhibitors to show them, and the people ,in general, helped to make a response to the best that the screen has to offer.
A review of the National Board's general activities during 1927 follows:
BETTER FILMS NATIONAL COUNCIL
Work with community groups is conducted through the Council, a department of the Board. Encourages a study of films as a medium of entertainment, instruction and artistic expression. It brings to the attention of the public, a classified list of the better pictures, listed according to their type-of-audience (age and group), suitability, etc., and cooperates with exhibitors in encouraging support of the finer pictures.
LITTLE THEATER MOVEMENT
Besides review work, and activities in promoting better films, the Board has sought to en
courage the Little Photop'ay Theater movement, both as a projection of the better films idea and as a means of enlisting the support for the motion picture as a medium of artistic expression of the great potential audience that is still dormant.
MOTION PICTURE CONFERENCE
The Board, since 1925, has been holding annual conferences in New York at which time affiliated membere of the Board throughout the country and those working on the same principle for the support of better films, gather to hear speakers on various phases of the motion picture, and to discuss mutual plans and prob'ems.
"MARCH AND THE MOVIES"
As an addition to its 1927 conference, the Board compiled a pictorial film assemblage called "The March of the Movies," showing the progessive steps and influence in the growth of pictures.
OPPOSITION TO CENSORSHIP
Resolutions opposing legal censorship, which were adopted in 1925, were reaffirmed in 1927.
PUBLICATIONS
Publication of several better fi'ms magazines and periodicals continued during 1927.
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