We provide day-to-day financial management, monitoring expenses and income, providing regular updates and handling all payments for your project, both incoming and outgoing.
Because we work with so many different arts projects each year, we have the expertise to draw up feasible budgets and realistic income projections, as well as assess and mitigate financial risk.
We will also ensure that your budget provides for correct GST, payroll and insurance compliance.
We understand that the stages of your project don’t always align with funding instalments.
We will help you identify any potential cashflow issues in your initial budget, and can provide the funds to bridge the gap if necessary. This is not an automatic service, so you need to discuss it upfront with your Client Manager.
We also manage the distribution and reconciliation of petty cash for materials, rehearsal and performance expenses.
Managing booking fees, box office and royalty payments on a touring show can be a big job – and one we are very good at. We can help you monitor box office income and manage royalty payments, ensuring that both are accurately budgeted for.