How Much Revenue Does the Chili  
Cook-Off Generate?
( Per Tax Returns)
Kiwanis Club Of Malibu
Year End
 2007
 2008
 2009
Gross
Receipts
 $355,261
 $209,645
 $184,645
Operating
Costs
 $251200
 $116,646
 $106,565
Operating %
 71%
 56%
 58%
Net Receipts
 $104,061
 $92,999
 $78,080
Dues/ Interest
 $6,426
 $3,500
 $3,480
Net Profit
 $110,487
 $96,499
 $81,560
What portion of these profits actually get
distributed to Malibu causes?
Answer
Note the 71%
Operating Costs in
2007 as compared
to 2008 and 2009.  

Even though 2007
generated $355K
in gross revenue,
(approximately
$150K greater than
2008) little of it
made its way to the
bottom line for that
year.