For those that think that people who organize UFO conferences or even do podcasts to make money, here is the bottom line reality from the latest X Conference which I just got via Steve Bassett's latest email blast/update, granted there are some marketing things I think he could improve on, this is probably pretty typical in this field:
X-Conference 2008
The conference went well and was well received. The press conference at the National Press Club went particularly well. It lasted 45 minutes and was filmed in full by several groups. One version is up on the PRG website now. The quality is poor and other versions will be added soon. This press conference will be receiving much more attention in the near future. DVDs of the PC will be mailed out soon to several hundred key media.
X-Conference 2008 Numbers
Advance booking: 216
Walk-ins: 125
Total paid attendees: 341
Comps (Speakers, spouses, VIPs, VIP guests, staff, exhibitors): 47
Media: 26
Total persons in attendance: 414
Total revenue: $56,656
Conference cost: $61,314
Additional operating costs: $2,000
Loss: $6,658
Two Conference Financial Outcome
PRG entered the 2007 conference cycle with $50,000 in debt, much of that owed to past X-Conference speakers.
Due to an infusion of funding PRG entered the 2008 conference cycle with $20,000 in debt, none of which was owed to X-Conference speakers.
PRG enters into the 2009 conference cycle with $15,000 in debt, none of which is owed to speakers or vendors.
Immediate Financial Priorities
1) Finding new additions to the PRG funding support group.
2) Marketing X-Conference 2009.
3) Paying off the outstanding PRG loans.
To all those who attended and/or supported X-Conference 2008: Thanks so much for helping to keep PRG's advocacy work on track.