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HomeMy WebLinkAboutQuimper Events Collective 1st EXHIBIT C 1st QUARTER REPORT Due by April 30thtoafmcknight@cojefferson.wa.us RECEIVED Organization:Quimper Events Collective Contact person:Alexis Arrabito, President APR 2025 JEFFERSON COUNTY --- Mailing Address:310 24th Street, Port Townsend COMMISSIONERS WA 98365 Phone Number/Email:360.774.0825 info@quimpereventscollective.com �. 1. LTAC Funds received from the County 15i QTR: ORGANIZATION Total Total Overspent Refund TOTAL TOTAL 2"d TOTAL TOTAL Amount Received (+) Required IS`QTR QTR 3rd QTR 4th QTR Awarded From Underspent LTAC LTAC LTAC LTAC by JeffCo JeffCo (-)of LTAC FUNDS FUNDS FUNDS FUNDS funds SPENT SPENT SPENT SPENT Quimper Events $28,500 $28,500 $3409 Collective 2. LTAC funds spent by your organization 1st QTR(include 200 word limit regarding activities and funds spent with an itemized statement and supporting documentation ie:invoices paid,receipts of payment): In the first quarter of 2025, our organization successfully launched the inaugural Jefferson County Wedding Show. Originally planned to be held at Fort Worden,the event required a venue pivot due to the closure of Fort Worden Hospitality, resulting in slightly delaying our advertising schedule. Even so,we feel that it was a successful event for our organization, our attendees and provided awareness of our members' offerings to the community. LTAC funds supported a variety of event-related expenses critical to outreach and execution.These included: • Venue Rental: $1000 • Event Supplies:$578 • Marketing-Ads Print:$1050 • Marketing-Ads Digital:$295 • Kitsap Wedding Show:$486 This investment directly supported increased awareness of Jefferson County as a wedding destination,with 28 vendors participating and 104 attendees, resulting in several lead conversions for local venues and service providers. Out of the 20 pre-sold tickets,we had attendees from 50+ miles away including: Port Angeles,Tacoma,Sequim, Edmonds, Hansville, Poulsbo,South Beach OR, and Lynnwood. We attributed one direct hotel booking at The Resort at Port Ludlow through a booking rate code. Weddings are a high-value tourism driver that bring significant economic benefits to our region. In addition to venue and vendor bookings, each wedding typically results in multiple overnight stays for guests,often spanning several days. Wedding-related travel also supports area restaurants, shops, and recreational activities,creating a multiplier effect for our small business economy. By positioning Jefferson County as a destination for weddings, we are fostering repeat visitation and long-term economic value for the region. RESULTS After the event,we surveyed our participants and received 17 responses. • Reasons for participating were: Lead Generator,Vendor Networking and experience in exhibiting at a show • 100%of responses achieved their goal. • The average lead generated was 3-8 and there was an overall positive response to connections made at the event. One business received two bookings as a direct result from the show. 3. LTAC funds balance remaining 1st QTR: $25,091 the balance of funds remaining after the first quarter. Due to the timing of our event there are quite a few invoices that were not paid in the first quarter and will show in our Q2 report. 4. Please attach your organization's report for all revenue,marketing,services, programs and activities of the prior quarter. (Attachment) This report and any attachments may be subject to disclosure as a public record under the Public Records Act,RCW Chapter 42.56.A minimum of six years,RECIPIENT shall maintain documented proof of payments made,contracts executed and other expenditures authorized under your Agreement with Jefferson County.Upon reasonable notice,RECIPIENT shall provide access to County or State representatives to audit those records. , Quarterly Statement of Activity Summary Quimper Events Collective January 1-March 30, 2025 Distribution account Jan 1 -Mar 30 2025 Total Income Donations 208.00 208.00 Event Income 1,242.38 1,242.38 Grant Revenue 0.00 JC LTAC 28,500.00 28,500.00 PT LTAC 4,000.00 4,000.00 Total for Grant Revenue 32,500.00 $32,500.00 Membership Dues 2,842.00 2,842.00 Pass-Through Revenue 180.00 180.00 Ticket Sales 60.00 60.00 Total for Income 37,032.38 $37,032.38 Cost of Goods Sold Gross Profit 37,032.38 $37,032.38 Expenses Bank Charges&Fees 202.31 202.31 Event Supplies 1,109.65 1,109.65 Signage 632.98 632.98 KWE 485.59 485.59 Total for Event Supplies 1,742.63 $1,742.63 Marketing 0.00 0.00 Ads-Digital 389.18 389.18 Ads-Print 1,050.00 1,050.00 Trade Shows 309.00 309.00 Total for Marketing 1,748.18 $1,748.18 Membership 0.00 Member Relations/Appreciation 49.23 49.23 Total for Membership 49.23 $49.23 Office Supplies&Software 68.38 68.38 Rent&Lease 1,000.00 1,000.00 Total for Expenses 5,296.32 $5,296.32 Net Operating Income 31,736.06 $31,736.06 Other Income Other Expenses Net Other Income 0.00 0.00 Net Income 31,736.06 $31,736.06 Cash Basis Wednesday,April 30,2025 10:27 PM GMTZ