*$20K Stipend – 

• Your Theater Company must be a legally registered as a state entity (e.g LLC or
  401(C.)(3), etc.) with at least 2 years of local, theater, production history. 
• LHOF will pay for reimbursement of actors, director, musical director,
  choreographer and tech staff fees as well as theater rental costs up to $20k. 
• LHOF will be reimbursed a percent of Box Office + any food beverage or bar
  profits as follows – 100% of the first $10k, 70% of income $10k-$15k and 50% of
  all income over $15k up to $20K then 25% of additional Box Office + Event
  receipts. 
• Your organization is NOT responsible if Box Office Receipts fail to earn enough
  to reimburse the first $10k. Your organization must supply an accounting of
  expenses that may be audited by an LHOF accountant.
• This commitment will include 6 tickets to any production night.
• A Contract for the above terms is available on request.