The gross turnover of Antwerp 93 amounted to BF 985 million. The figure includes ticket sales (BF 165 million) and merchandising (net surplus BF 13 million) and an estimate of the value of contributions to the core programme from foreign governments and institutions (BF 20 million). The net cost of the event was put at BF 741 million. Contributions were made in roughly similar proportions by the three public authorities, the City (BF 149 million), the Flemish Community (BF 165 million) and the national government (BF 202 million), which between them accounted for 71 per cent of the net funding. The grant from the European Union accounted for roughly four per cent. Business sponsorship, in cash and kind, contributed the remaining 27 per cent of the funding.

Source: European Cities of Culture and Cultural Months, Full Report: Unabridged Version, John Myerscough, October 1994

Attachments:

Antwerp 1993 - Expenditure and Sponsorship

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