SUBJECT/RECOMMENDATION:
Title
A Special Event funding request from The Florida Orchestra, Inc. in an amount not to exceed $50,000.00 for the proposed The Florida Orchestra at the Sound and authorize the appropriate officials to execute same.
Body
SUMMARY:
The Florida Orchestra, Inc. (TFO), a not-for-profit and tax exempt 501(c)(3) entity, is the state’s largest full-time professional orchestra. Now in its 57th season, TFO has a been performing at Ruth Eckerd Hall and city parks, such has Coachman Park, that serve and positively impact the community.
The Florida Orchestra at the Sound, the proposed event, is tentatively scheduled for Sunday, November 10, 2024, at 6:30pm. TFO is estimating the event attendance at 8,500 attendees, which is the maximum capacity of The Sound Venue. The proposed event will offer a free concert and social activities linking people of all ages.
The estimated total cost of the event will be $122,844. As a result, TFO is requesting $80,000 from the DDB, with TFO contributing $42,844. After a review of TFO’s application and current DDB funding policy staff is recommending for this event is an amount not to exceed $50,000. According to the budget that was provided, this grant will assist TFO with Marketing Expenses, Musician Wages, Conductor Fee, and any additional city fees that will be required to execute this event.
APPROPRIATION CODE AND AMOUNT:
Funding for this grant will be allocated to the FY 24/25 Special Event line of the budget 1829411-558600