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#71
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My expenses show a $17M outflow (including all EAA
payroll for the whole year). Does that figure include the museum? Or is that self-supporting? -- Jay Honeck The museum is a separate organization, and is the one that receives substantial charitable gifts and bequests. It's "net income" is thus considerable and cannot be used to subsidize the sister EAA org to much extent, but lately EAA has consolidated the financial statements. Whether that's to hide the losses in EAA, Jim Weir can find out at future Board meetings. :-) Fred F. |
#72
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George Patterson wrote:
Juan Jimenez wrote: Just pointing out that Airventure charges to get in is not a justification for spending money on a WiFi infrastructure to be used just 2 weeks out of the year. For that short a timespan, sattelite might be the best way to go. That's what I was thinking, too. What if someone had DirecWay at home and just brought their dish and receiver and set it up beside the showers in the N40? |
#73
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"RST Engineering" wrote:
Well, sir, since I'm running for the board that will spend all this largesse, why don't you educate me on the matter. My numbers show a $20M income from all sources. My expenses show a $17M outflow (including all EAA payroll for the whole year). Net to the EAA is about $3M a year from the flyin. That's probably about right for the fly-in itself, though their financials on the public record don't tell you much. Their IRS tax forms are on guidestar.org, and yes they have had overall net losses lately. Not alarmingly large, but they no longer have relative cash like the old days. And nothing like AOPA. Once seated on the Board, you might see if they look much to the future beyond the next AirVenture. In a recent Tom P. editorial, there was a number quoted which suggests membership is in decline, and kits are approaching 90% of amateur-built completions. With kits, plus the internet, you no longer need much support at chapter level like the old days. Interest in classic planes and warbirds will wane, as younger generations age into hobby-spending. I suspect also that EAA chapters are increasingly aging, social clubs, and their push for light sport aircraft if successful may not change that. Fred F. |
#74
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Jay Beckman wrote:
"Rob" wrote in message ups.com... George Patterson Wrote: For that short a timespan, sattelite might be the best way to go. Can you get broadband service via satellite dish in an RV? Maybe we could convince someone to put up a hotspot that way. -R Incoming, yes. Outgoing (unless you want to spend big $$$), you need a landline. Why is that (not disputing, just ignorant)? Anyway, I don't think anyone is proposing setting up a server on the hotspot. |
#75
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In rec.aviation.owning Dave Butler wrote:
Jay Beckman wrote: Incoming, yes. Outgoing (unless you want to spend big $$$), you need a landline. Why is that (not disputing, just ignorant)? Anyway, I don't think anyone is proposing setting up a server on the hotspot. I believe that early satellite internet services used the satellite for inbound traffic and a telephone line for outbound traffic, but if you look at the web page for services like DirecWay, you'll see that they uplink using the satellite, too. It's just not very fast (50kbps). --- Jay -- __!__ Jay and Teresa Masino ___(_)___ http://www2.ari.net/jmasino ! ! ! http://www.oceancityairport.com http://www.oc-adolfos.com |
#76
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In rec.aviation.owning Dave Butler wrote:
What if someone had DirecWay at home and just brought their dish and receiver and set it up beside the showers in the N40? Considering the "home" version of Direcway seems to be 500kbps download and 50kbps upload, I'm not sure I'd want to share it with a bunch of other people over a WiFi connection. It would probably be pretty slow. In addition, the ping times are real long, so it often seems even slower than the throughput would suggest. --- Jay -- __!__ Jay and Teresa Masino ___(_)___ http://www2.ari.net/jmasino ! ! ! http://www.oceancityairport.com http://www.oc-adolfos.com |
#77
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In a previous article, Martin Hotze said:
Dave wrote: Very, very true! ![]() as we are already off topic ... it seems that you are running your own newsserver (news.rogers.com?) how about a peering? Rogers.com is the largest cable (TV and internet) company in Canada. They also do cell phones. I don't think Dave is their news admin. -- Paul Tomblin http://xcski.com/blogs/pt/ "Fly the airplane, then work the problem" -- Rick Grant (quoting RCAF pilot training) |
#78
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"Jay Masino" wrote in message
... Considering the "home" version of Direcway seems to be 500kbps download and 50kbps upload, I'm not sure I'd want to share it with a bunch of other people over a WiFi connection. It would probably be pretty slow. It would be slow no matter how you share it. ![]() In addition, the ping times are real long, so it often seems even slower than the throughput would suggest. Ping times shouldn't be more than about 500ms add-on. How many people are really going to notice a half-second difference in response time? I certainly would agree that you couldn't share a link that slow (500kpbs down/50kbps up) with many people before it got completely congested. 10 people all downloading at the same time, and they all might as well be on dial-up. But I don't see how ping times are an issue. It's not like people are going to be playing Quake from the North 40. ![]() Pete |
#79
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TaxSrv wrote:
The entire convention has been grossing around $9 million, including exhibitor fees and advertising. However, gross is irrelevant, as this is really a business venture. Whether net access is worth the cost is a matter of whether it will bring in additional attendees, as you implied in another post. While AirVentrure makes money, overall EAA has been losing money in recent years, so maybe even relatively small costs are carefully considered. The last time I looked at the public numbers the EAA and the foundation each netted about a million on a five million gross for Airventure. It's a big large portion of the annual revenue for both organizations. |
#80
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I think you'll find that board member or not, you'll be excluded from
much of the financial reporting. Ask the present board members if they can account for all of Tommy's salary and "benefits", or better said, if Tommy will account for the $400,000 in expense money above his salary. Dig down deep before you enter this world. On Thu, 28 Apr 2005 22:29:23 -0700, "RST Engineering" wrote: Well, sir, since I'm running for the board that will spend all this largesse, why don't you educate me on the matter. My numbers show a $20M income from all sources. My expenses show a $17M outflow (including all EAA payroll for the whole year). Net to the EAA is about $3M a year from the flyin. That makes for one HELL of a lot of bratwurst in the differential. Jim "TaxSrv" wrote in message news ![]() "Jon A." wrote: ... A real lowball! How about the "camping" fees. If 70% are members, 10K relates to 450 people a day. Let's assume that everyone is a member and stays 1 day. 200,000 X 20 = 4,000,000. My guess is that it's around $15 million in admission, camping and the rest. The entire convention has been grossing around $9 million, including exhibitor fees and advertising. However, gross is irrelevant, as this is really a business venture. Whether net access is worth the cost is a matter of whether it will bring in additional attendees, as you implied in another post. While AirVentrure makes money, overall EAA has been losing money in recent years, so maybe even relatively small costs are carefully considered. Fred F. |
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