Rice 10k Mock Festival Budget (Spring 2022)

Throughout this project, we will examine the live music promotion industry's best administrative and financial practices, including planning, budgeting, and cost-cutting for music festivals. Additionally, we will look at the financial obligations of different sized music festivals, and how these obligations contribute value to both the customer and the community. Finally, we will examine how the COVID-19 pandemic has financially impacted the live music industry from a promoter perspective, in addition to examining the hardships faced by many communities as a result of pandemic-related music festival cancellations.