Developing a Golf Tournament Budget That Fits Your Situation

Developing a Golf Tournament Budget is one of the first steps to event planning. You can raise more money if you treat your event like a business. Revenue is the key to raising money for your cause. Turn every expense into a revenue stream by selling sponsorships to cover the cost and more. Keep track of all income and expenses and stay conservative with prizes and brochures until you have a successful event.

Here are sample budgets. Your budget may be different but should have similar Income Source Minimum Maximum.

Title Sponsor 1 @ $5000.00 $ – $ 5,000.00

Major Sponsor 1-3 @ $1000.00 $ 1,000.00 $ 3,000.00

Hole in One Sponsor 1-4 @ $500.00 $ 500.00 $ 2,000.00

Longest Drive Sponsor 1-4 @ $500.00 $ 500.00 $ 2,000.00

Closest to the Pin Sponsor 1-4 @ 500.00 $ 500.00 $ 2,000.00

Hole Sponsors 10-18 @ $200.00 $ 2,000.00 $ 3,600.00

Golfers 100-144 @ $125.00 $ 12,500.00 $ 18,000.00

Mulligans 100-200 @ $10.00 $ 1,000.00 $ 2,000.00

Raffle 200-400 @ $5.00 $ 1,000.00 $ 2,000.00

Auction $ 500.00 $ 1,500.00

TOTAL $ 19,500.00 $ 41,100.00

Expenses Source Minimum Maximum

Greens Fees 100-144 @ $50.00 $ 5,000.00 $ 7,200.00

Food & Beverage 100-144 @ $15.00 $ 1,500.00 $ 2,160.00

Player Gifts 100-144 @ $25.00 $ 2,500.00 $ 3,600.00

Prizes & Awards $ 250.00 $ 500.00

Signs & Banners 10-18 @ $25.00 $ 250.00 $ 450.00

Printing & Creative* $ – $ 1,000.00

Postage** $ – $ 500.00

TOTAL $ 9,500.00 $ 15,410.00

NET $ 10,000.00 $ 25,690.00

* Utilize online brochure services such as those offered at www.golfdigestplanner.com and this will be a $0.00

expense line item.

** Utilize online registration services such as those offered at www.golfdigestplanner.com and this will be a

$0.00 expense line item.

www.golfdigestplanner.com 4

Comparative Analysis

EXPENSE

Variance

Administrative (Actual) (Budget) $$$ %

Postage

Mail Correspondents

Golf Course

Greens Fees

Cart Fees

Food & Beverage

Gratuities

Service Fees

Course Beverages

Course Food

Sub Total $ – $ –

Promotion

Trophies

Place Awards

Photo Plaques

Photographer

$ – $ –

Insurance

$1 Million Shootout/$100,000 Package

Putting Contest

Hole In One Contest

$ – $ –

Prizes/Gifts

Arrival Gifts

Sponsor Recognition Pictures

Committee Appreciation Pictures

$ – $ –

Miscellaneous

Signs & Banners

Travel

Events Photos

Flags

$ – $ –

TOTAL EXPENSE $ – $ –

TOTAL REVENUE

TOTAL EXPENSE

NET PROCEEDS $ – $ –

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