“How much do EAGs cost (and why)?” by Eli_Nathan

TL;DR: EAGs from 2022–2023 each cost around $2M–$3.6M USD at around $1.5k–2.5k per person per event.These events typically cost a lot because the fixed costs of running professional events in the US and UK are surprisingly high.We’re aiming to get these event costs down to ≤$2M each moving forwards.We’ve already started to cut back on spending and will continue to do so, whilst also raising default ticket prices to recoup more of our costs.Throughout this post, for legibility I discuss the direct costs behind running our events and don’t include other indirect costs like staff salaries, software, and our office space (which would increase the costs below by ~25%).IntroductionThis year (2023), EAG Bay Area cost $2M and EAG London cost £2M (including travel grant costs).[1] Our most expensive event ever was EAG SF 2022, which cost $3.6M. This gives us a range of about $1.5–2.5k per person per event.[2]In-person EAGx [...] ---Outline:(03:07) Venue and catering(06:07) Other costs(07:08) What are we doing to save money?The original text contained 9 footnotes which were omitted from this narration. --- First published: August 26th, 2023 Source: https://forum.effectivealtruism.org/posts/n5GJEP3tMrzdfYPGG/how-much-do-eags-cost-and-why --- Narrated by TYPE III AUDIO.