We think it is vital that people are aware of the cost of all the unpaid hours artists put into presenting your work. We will use this to pitch for more money to go towards your costs and to help us create ways to make your work more financially viable. It needs a big change, but we want to make it happen. So...
If you had to pay award rates to develop and present your work, estimate how much the project would have cost. Here are some guide prices based on Australia Council and MEAA costs (http://www.alliance.org.au/oldsite/equity-summaries)
To make it simple, here are some quick calculations you could use based on theatrical rates. Other types of performance type rates will vary.
1. Remount of a previously rehearsed show (# of creatives x # of weeks performances x $1,128.80)
2. New production = # of creatives x (# of weeks rehearsed calculate as full time + # of performance weeks) x $1,128.80 + $2,500 (miminum cost for new script)
The end figure may be a lot larger than you expect - it's probably correct. Enter that figure below.