I know that there has been a lot of chatter about relative costs of the event, so we are disclosing those here so as to be transparent.
Non-Monetary Prizes - $2,111
Event Supplies and Materials - $1,798
IFPA ($1 per person per event) + Circuit Fees ($5 per person in Main) - $1,407
Machine Costs for Borrowed Machines - $600
Venue Costs - $800
Total - $6,715.52
Splitting those out to the two events:
Gauntlet Costs - $821
Gauntlet Income - $1,620
Gauntlet Cash Prize Pool - $799
Main Event Costs - $5,895
Main Event Income - $11,110
Main Event Cash Prize Pool - $5,215
In addition to the cash prize pool, winners of different divisions were provided non-monetary prizes that were paid for by the event (Trophies, T-Shirts, Cows, etc.) and prizes provided by our sponsors (i.e. Gift Certificates, Translites, etc.) ~30% of the costs were invested into non-monetary prizes for the event that were distributed out to winners across the various divisions as prizes.
~20% of the cost of the event goes to fees towards the Circuit and the IFPA.
The rest is broken down into the costs that are needed to run the event. As much as we would love everyone to give everything to us for free (machines, parts for repairs, cost of the venue), we know that there are real-world costs associated with making an event like this take place.
Overall, send us feedback to email@example.com on what you would like to see improved if we choose to hold this event next year. More money for fewer people? Weight the top finishers more heavily? Less non-monetary prizes? Should we remove any and all cash prizes from the event? Should we donate any proceeds to charity and remove the cash component?