My sense is that bringing Lighthaven revenue-paying business that improves on their outside option is as good as some size of donation, but I’m not sure about the exact fungibility surface. Still, if you’re thinking about donating, maybe think about also organizing an event! It’ll cost nonnegative money, as good things often do, but I predict your event will probably go well, especially if it’s for people outside the usual attendee set.
Yes, this is very true. Honestly it wouldn’t surprise me if for many weeks this year I would trade event revenue to donations at a mere 0.7 multiplier for bigger events (i.e. getting us a $100k event rental is as good getting us a $70k donations), and a 0.4-0.6 multiplier for smaller events (i.e. getting us a $40k event rental is as good as getting us a ~$15k donation).
I expect this to be less true in future years, as this year is the first time our summer will not have MATS taking place at Lighthaven, which means we have a lot of extra availability for events. This means the opportunity cost for an event on a weekend might approach something very low, and so the value of adding an event there ends up very high.
So yes, if you know an organization or project or group of people that might want to run something at Lighthaven, please introduce them to me, or reach out. It really would help us a lot.
Thank you!
Yes, this is very true. Honestly it wouldn’t surprise me if for many weeks this year I would trade event revenue to donations at a mere 0.7 multiplier for bigger events (i.e. getting us a $100k event rental is as good getting us a $70k donations), and a 0.4-0.6 multiplier for smaller events (i.e. getting us a $40k event rental is as good as getting us a ~$15k donation).
I expect this to be less true in future years, as this year is the first time our summer will not have MATS taking place at Lighthaven, which means we have a lot of extra availability for events. This means the opportunity cost for an event on a weekend might approach something very low, and so the value of adding an event there ends up very high.
So yes, if you know an organization or project or group of people that might want to run something at Lighthaven, please introduce them to me, or reach out. It really would help us a lot.