Closer to Done
Feb. 17th, 2025 03:28 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
billroperThe taxes are almost done. I need to go over some of the inventory numbers and figure out how to account for a few odd things, but the overall picture is pretty close to correct.
It is not a pretty picture.
We are close to the point where getting tables at conventions and selling CDs becomes a money-losing operation. Not yet. But the total income for the year was less than $1000 and *half* of that was from our Bandcamp and streaming sales, where I've effectively just thrown all of our income into the company. And there are various things that made last year relatively expensive -- for instance, not having a roommate for GAFilk, which I corrected this year.
But we're down to three conventions a year right now and getting into more conventions to sell is likely to be annoyingly expensive. If you don't do $1500 in sales at a convention, you are probably going to lose money there. Only one of our three cons cleared that much and that was OVFF. Not counting the COVID year of 2020 where we only had two conventions (and no OVFF!), our sales were the lowest ever and down more than 30% from last year.
It may be that we are dinosaurs.
But we are dinosaurs who are carrying about $10,000 worth of other people's inventory (and about the same of our own), so we will lumber along for a while longer. :)
It is not a pretty picture.
We are close to the point where getting tables at conventions and selling CDs becomes a money-losing operation. Not yet. But the total income for the year was less than $1000 and *half* of that was from our Bandcamp and streaming sales, where I've effectively just thrown all of our income into the company. And there are various things that made last year relatively expensive -- for instance, not having a roommate for GAFilk, which I corrected this year.
But we're down to three conventions a year right now and getting into more conventions to sell is likely to be annoyingly expensive. If you don't do $1500 in sales at a convention, you are probably going to lose money there. Only one of our three cons cleared that much and that was OVFF. Not counting the COVID year of 2020 where we only had two conventions (and no OVFF!), our sales were the lowest ever and down more than 30% from last year.
It may be that we are dinosaurs.
But we are dinosaurs who are carrying about $10,000 worth of other people's inventory (and about the same of our own), so we will lumber along for a while longer. :)
no subject
Date: 2025-02-18 10:17 am (UTC)None of my computers have a CD drive any more, the only CD player I have is in my car (which is 10 years old), new cars don't have CD players, just a USB socket.
At the UK Filkcon last weekend there were no dealers selling CDs, a few performers had some out on a table with prices and a sign saying "come see me".
When I ask people about CDs the usual answer is "How quaint"
If you are a dinosaur then you are probably looking at a big meteor getting closer.