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by crowbar
Wed May 06, 2020 4:48 pm
Forum: Articles
Topic: Anticipating a $10 Million Shortfall Burning Man Asks Ticket Holders and Participants To Donate
Replies: 36
Views: 2206

Re: Anticipating a $10 Million Shortfall Burning Man Asks Ticket Holders and Participants To Donate

With 4 months at @ ~$2.7M and 8 months (post restructuring) at ~$1.3M per month, the year’s outlay would be $21.2M. Subtract the $10M cash reserve, and it comes to the stated $10M shortfall and then some.
by crowbar
Tue May 05, 2020 7:42 pm
Forum: Articles
Topic: Anticipating a $10 Million Shortfall Burning Man Asks Ticket Holders and Participants To Donate
Replies: 36
Views: 2206

Re: Anticipating a $10 Million Shortfall Burning Man Asks Ticket Holders and Participants To Donate

The Burning Man Project’s target average monthly burn rate for the rest of 2020, after all budget cuts, is $1.3 Million, reduced over 50% from the $2.7 Million per month that they would have spent per month if they hadn’t reduced costs beyond cancelling building Black Rock City.

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