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Behind the Race, Part 1: Budget Basics

By Brenda Barrera
January/February 2011
For the Washington Running Report

 

For the 2011 editorial year we are launching a special feature, "Behind the Race," which will appear in each issue of Washington Running Report. Just as it often takes a team to get a runner to the starting line, it takes a dedicated team to put together a race, whether it has 500 or 15,000 participants.

In the spirit of our mission to educate, inform, and inspire we hope this special series will not only enlighten you to the myriad details and dedicated work that go into organizing a successful event, but also hope it will inspire you to give back to the sport and become involved in a non-running capacity.

In each of our six issues this year we will highlight a different aspect of what goes on "Behind the Race" from this issue's overview of race budget items to the many people such as volunteers who work tirelessly to make your race experience positive.

How often have you whipped out your credit card to register online and mused that race registration seemed a bit much?  Oftentimes runners think their entry fee covers the whole race, not just a chance to run with some friends, get a new T-shirt, and enjoy a bagel, banana, and maybe some pizza afterward. Surprise! The entry fee might pay for some aspects, but the costs associated with putting on a race--as one can tell from the sample budget below--typically far exceed revenues generated from an entry fee.

Yes, revenue for road races is generated from registration fees, but in most cases, sponsorship is essential. Expo booth sales and merchandise sales are revenue sources, but those usually pertain to major sized events.

Expenses for putting on a local 5K or 10K race will vary per field size of the race. When asked to name one of the biggest misconceptions runners have about the cost of an event, Phil Stewart, Executive Director of Road Race Management, responded, "Municipal costs." Stewart, also the race director of the Credit Union Cherry Blossom Ten Mile, added, "People don't realize there are municipal expenses, like the cost of permits and the use of streets."

Municipal costs vary city to city. Factors also include whether the race is held on a Saturday or Sunday and the time of day. Other municipal charges would include course marshals (e.g., police), park district permits if the event is held on federal grounds or a county forest preserve.

Chris Tomlinson, Vice President of Marketing for Corrigan Sports Enterprises, said this applies to their bigger as well as smaller events. "We pay for every police officer--usually at an overtime rate--and every cone as well as the personnel to put them out and pick them up." In addition, for a marathon, 26 miles of streets on a city-based marathon course can add up to a lot of intersections, a lot of police, and thus, a big line item on the budget.

There are costs incurred if a race is point-to-point, as was the case with this year's Woodrow Wilson Bridge Half Marathon. "Being a point-to-point race, we had the added expense of $30,000 just for the buses," said Steve Nearman, Event Director of Endurance Enterprises, LLC, that put on the race.

An example of an expense for larger races is signage. By signage, we're talking banners, flyers, brochures, anything that has been printed that might need to be updated on a yearly basis due to a change in sponsorships or partnerships.

While sponsorships most certainly bring in revenue for major events due to race size, most events in our region have less than 1,000 entrants and are more dependent on entry fees to generate revenue.

Kathy Freedman, co-owner of Capital Running Company, a professional race management and promotion company [and owner of this publication], shares this advice for anyone who wants to organize a race. "You have to plan a budget expecting to spend on every line item; don't assume you will get items for free."

While nothing is free, we hope this might help you appreciate some of what goes on . . . behind the race.

 

Sample Race Budget For 10K Road Race

Expenditures

Goal: 500 Registrants

 

 

Description

Amount

Advertising & promotion

$3,000

Ambulances

$400

Announcer

$varies

Awards

$1,000

Bags for Packet Pick-up

$varies

Balloon arch for finish line

$400

Bank fees

$varies

Banners & signage

$400

Barricades

$varies

Bibs & safety pins

$300

Bottled water for finish line

$1,000

Brochure & ad design & layout

$varies

Bulk brochure distribution

$175

Courier & delivery fees

$varies

Course measurement & certification

$750

Credit card processing

$varies

Cups

$150

Entertainment

$varies

Finish line services

$4,400

Food

$1,000

Insurance

$2,000

Kids medals

$varies

Mailing list

$375

Mailing service - brochures

$250

Packet pick-up location

$?

Permits (Municipal)

$500

Photocopying

$varies

Photographer

$300

Police support (Municipal)

$600

Porta-johns

$750

Postage for brochures

$950

Printing

$250

Public address system

$varies

Race management

$varies

Random prizes

$500

Rental equipment (tents, stage, tables, etc.)

$2,500

School bus for course marshals/water stop

$400

Security overnight in park or at Plaza

$varies

Traffic cones

$250

Trash removal

$500

Truck rental

$400

T-Shirt design

$varies

T-Shirt printing

$2,700

USPS for post-race mailing of prizes

$50

Volunteer appreciation

$100

Volunteers

$varies

Web site hosting, etc.

$600

 

 

TOTAL

$26,950



* Sample budget courtesy of Capital Running Company


For a small race, the expense items to consider include supplies (bib numbers, safety pins, some basic medical supplies, cups, and awards), fees for municipal permits, and fees for the use of facilities like schools or recreation centers. If you will be contracting for the services of a running club or a commercial event management company, be sure to ascertain and include these costs.---from Running Industry Resource Directory


For additional information

* Road Race Management (www.rrm.com)

Road Race Management's  Running Industry Resource Directory

A convenient, reference book of the entire running industry. It's loaded with contact information for more than 1,500 businesses, organizations, and running event directors.

* Road Runners Club of America www.rrca.org