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2013 Ati-Atihan festival posts record income

Kaliboatiatihan-23The net income for the 2013 Kalibo Ati-Atihan festival surged to a record P4.745 million, according to a statement of income and expense released by the festival organizer.

While net income of the 2013 festival was 33 percent higher than the 2012 net income of P3.194 million, the Kalibo Sto. Nino Ati-Atihan Foundation, Inc. (Kasafi) also reported P3.930 million in expenses, down 7.42 percent from the expenses of P4.222 million of last year. 

Kasafi chairman Albert Menez attributed the strong showing in the mix of festival support from individuals and corporate sponsors and better financial management. 

The details of this year’s festival finances was revealed in a report by Kasafi treasurer Rufino Leyson to the local media and government officials on Tuesday afternoon, days after the Kaadlawan it Senor Sto. Nino held on the third Sunday of January.

Kasafi as a foundation is tasked to manage the Ati-Atihan festival for the past three years in partnership with the municipal government of Kalibo. It is mandated to report the festival income or loss 60 days after the Kalibo Ati-Atihan festival. 

Kasafi’s previous best net income was P3.184 million reported last year and two years ago, the foundation posted P1.806 million in net income.

This year, Ati-Atihan street dancing contest cash prizes amounting to P679,000 and subsidies to tribes of P743,000 accounted for 36 percent of the total expenses, the Kasafi report showed.

Other festival-related expenses include Ati-Atihan festival materials – P389,347

* printing of souvenir program – P159,000
* representation and entertainment – P480,219  

* body painting competition – P139,714

* police assistance – P150,000
* pageant search of Mutya and Lakan it Kalibo Ati-Atihan  – P402,942, and
* salaries and wages of staff – P132,325

Kasafi gets more of its revenues of P3.607 million from corporate sponsors, ticket sales from Ati-Atihan events such as Hala Bira Ati-Atihan nights from January 14 to 17 and Mutya ag Lakan it Kalibo Ati-Atihan pageant night,  souvenir program advertisements and depot sales of drinks in Kalibo Magsaysay Park.

As of this report, the accounts receivable of Kasafi stood at P3.717 million.

The municipal government through Kalibo mayor William Lachica also reported P1.609 million gross income, of which P749,200 came from ticket sales during January 18 to 20 Hala Bira Ati-Atihan Nights, flea market to include rolling stores, stalls along Veterans Avenue of P306,503; restroom services of P255,075, streamering of P199,150 and income from Kalibo Magsaysay Park stalls of P99,150.

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