Analysis of Membership fees
1st half 2009 Year 2008
Annual membership fees collected $ 21,060 $ 44,942
Tournament Playing ( = " tournament membership " ) fees collected $ 1,320 $ 2,987
TOTAL $ 22.380 $ 47,929
The above ( modified ) is from the 1st half 2008-9 financial statements in the GL # 3.
It shows that in 2007-8, the tournament memberships formed 6.2% of the total collected. In the 1st half 2008-9 this year, they formed 5.9% of the total.
This shows that the elimination of tournament memberships affects a very small portion of CFC's income. Even if 2/3 of tournament membership players refused to play after tournament memberships are eliminated, CFC will lose approximately $ 2,000 for the year ( And the CFC 2009 total revenue will be in the range of $ 100,000 ). We would note as well, that if 1/3 of the tournament membership players did continue to play after the elimination of tournament memberships ( about 100 players / year ), then they would pay $ 3,600 ( CFC membership fee portion is $ 36; additional is provincial ), instead of $ 1,000 ( since the tournament membership is $ 10 ). This is a net gain to CFC of $ 2,600. So if you offset the lost revenue from those tournament players quitting of $ 2,000 ( 200 players / year ), then CFC comes out ahead $ 600. So the change is virtually revenue neutral financially as far as CFC is concerned
We do not want to lose the tournament membership players. But there is an issue of fairness between tournament membership players and annual membership players . All should equally support the CFC. This is why the Grassroots' Campaign is supporting elimination of the tournament playing fee.
The above numbers show that the chess world will not cave in if tournament membership fees are eliminated. It will be too bad to lose any players, but the financial effect on the CFC will be minimal. And in future, everyone will become a member of the CFC.
The way the system currently works is this:
Player ( Ontario ): How much is an Adult Annual CFC membership ?
CFC: $ 43 ( $ 36 - CFC; $ 7 OCA )
Player: How much can I play for that?
CFC: Oh, you can play in as many tournaments in a year as you want. Alex Ferriera, Canada's most active tournament player in 2008, played in over 20. And you can get any number of matches rated you want.
Player: That sounds great....but if I play less than Alex, can I get a discount on my membership? Sort of get rewarded for playing less?
CFC: For you I have a bargain. If you only want to play 4 times this year, then DON'T become a MEMBER ! And we won't make you join the OCA either. We love telling people not to become members ! You can just pay $ 10 each time and it will only cost you $ 40 ! We love it when people don't play chess and don't become members. CFC doesn't need the money anyways.
The CFC can do better than this.
Bob
1st half 2009 Year 2008
Annual membership fees collected $ 21,060 $ 44,942
Tournament Playing ( = " tournament membership " ) fees collected $ 1,320 $ 2,987
TOTAL $ 22.380 $ 47,929
The above ( modified ) is from the 1st half 2008-9 financial statements in the GL # 3.
It shows that in 2007-8, the tournament memberships formed 6.2% of the total collected. In the 1st half 2008-9 this year, they formed 5.9% of the total.
This shows that the elimination of tournament memberships affects a very small portion of CFC's income. Even if 2/3 of tournament membership players refused to play after tournament memberships are eliminated, CFC will lose approximately $ 2,000 for the year ( And the CFC 2009 total revenue will be in the range of $ 100,000 ). We would note as well, that if 1/3 of the tournament membership players did continue to play after the elimination of tournament memberships ( about 100 players / year ), then they would pay $ 3,600 ( CFC membership fee portion is $ 36; additional is provincial ), instead of $ 1,000 ( since the tournament membership is $ 10 ). This is a net gain to CFC of $ 2,600. So if you offset the lost revenue from those tournament players quitting of $ 2,000 ( 200 players / year ), then CFC comes out ahead $ 600. So the change is virtually revenue neutral financially as far as CFC is concerned
We do not want to lose the tournament membership players. But there is an issue of fairness between tournament membership players and annual membership players . All should equally support the CFC. This is why the Grassroots' Campaign is supporting elimination of the tournament playing fee.
The above numbers show that the chess world will not cave in if tournament membership fees are eliminated. It will be too bad to lose any players, but the financial effect on the CFC will be minimal. And in future, everyone will become a member of the CFC.
The way the system currently works is this:
Player ( Ontario ): How much is an Adult Annual CFC membership ?
CFC: $ 43 ( $ 36 - CFC; $ 7 OCA )
Player: How much can I play for that?
CFC: Oh, you can play in as many tournaments in a year as you want. Alex Ferriera, Canada's most active tournament player in 2008, played in over 20. And you can get any number of matches rated you want.
Player: That sounds great....but if I play less than Alex, can I get a discount on my membership? Sort of get rewarded for playing less?
CFC: For you I have a bargain. If you only want to play 4 times this year, then DON'T become a MEMBER ! And we won't make you join the OCA either. We love telling people not to become members ! You can just pay $ 10 each time and it will only cost you $ 40 ! We love it when people don't play chess and don't become members. CFC doesn't need the money anyways.
The CFC can do better than this.
Bob
Comment