Denny Sanford Premier Center

Financial Comparison between Pavilion & DSPC

I found this comparison interesting. I had to use 2017 numbers because the Pavilion usually doesn’t release last year’s financials until June(?).

Just for the record, I’m not trying to dig up dirt, I just found the way the two institutions generate revenue and expenses to be interesting.

One of the most stark differences is expenses.

Click to enlarge graphic

Events Center Revenue down over the past 3 years

Finally the chart I have been waiting for. I found it in the back of a booklet handed out at the EC Campus Book Club meeting today (click on image to enlarge);

In fact, if you look at the numbers closely you will see that the Denty actually would have a $1 Million year loss if it were not for sponsorships. Add the almost $10 Million a year in mortgage payments then you figure out why we are dodging potholes.

I also wonder if the city survey ever asks if people attend events at the Denty, or Pavilion, Orpheum, Arena, MAC, etc.? I would be curious just what percentage of Sioux Falls residents attend events.

Events Center Campus Book Club meetings NOW open to the public

Funny how these things work. Councilor Stehly and Starr put out a press release announcing a press conference today at 1:30 to discuss a resolution opening the meetings to the public and then a mysterious email never shared with the council magically appears; (Copy of proposed ord: Events Campus Meetings RES )

An email from the event center group’s co-chairs Dan Statema and Jeff Eckhoff to Mayor Paul TenHaken said that the group had voted at their first meeting on Feb. 27 to allow the public and media to attend the rest of the meetings.

“We see no harm in having interested parties gain the same education we are as we progress through this process,” the email read.

Do you really think the public is that naïve TJ? Really? The only harm would be leaving the meetings closed, which is still on the table;

The email said the group would like to retain the ability to meet privately if “nonpublic” information ever needed to be shared, but said he did not expect the need to arise.

When it comes to a grouping of public buildings there is no such thing as ‘nonpublic’ information. Bucktooth & Bowlcut tried that approach with the Denty’s siding debacle, it blew up in his face. The only information that can be withheld from the public in closed door executive session has to do with pending litigation and personnel. Since this volunteer group wouldn’t have access to that kind of information anyway that means ALL of the meetings need to remain open. I think this is just a sneaky way of heading off Starr and Stehly to convince them there is NO NEED to pass the resolution, but I still think they need to so they have some insurance in case they try some back door deals. A statement in a supposed email about a supposed vote in a closed door meeting doesn’t cut the mustard.

“Our stance all along was ‘we’re not going to force you guys to meet in public if you don’t want that,'” Nelson said.

“They’re not in a decision-making role,” Nelson said in January. “We want to make sure we have the most open and candid conversation possible.”

Hey, TypeOver, when it comes to OPEN, NON-PARTISAN government, that isn’t up to you or volunteers on a task force committee. The meetings MUST be open to protect the public’s best interest and to have the best OPEN and HONEST conversations, there never should have been a ‘choice’ in the matter.

I would advise councilors Starr and Stehly to push ahead with their resolution to ensure the meetings stay open. I think the administration, especially Deputy COS, TJ TypeOver looks especially foolish for proposing closed meetings to begin with. If someone on the task force was uncomfortable with open public meetings, you pick someone else, it’s really that simple. So now we have to go thru a bunch of steps about supposed votes and emails, resolutions by councilors and excuses from Mayor TenHaken’s staff when we could have just done the right thing to begin with. See folks, this is what happens when you try to keep secrets from the public.

 

UPDATE: How did the Premier Center do in 2018?

UPDATE: I just checked the calendar of events for the Denty. From 2/22 until the end of October there is 31 events booked. Only ten of them are major concerts, the other 21 are mostly local sporting events (Storm and HS and College sporting events). Obviously there will be other concerts announced, but as of right now that is 3.5 events per month. Ouch.

I have been wondering for awhile, is the honeymoon over for the Denty?

Recently we found out that the long time GM was terminated and now the Marketing Manager is moving to another market for SMG.

With new management moving in, it would be a good time to crunch the numbers from 2018. I will be honest with you, I don’t follow what concerts and events go on out there. After spending almost $200 (ticket and beverages) to see the Foo Fighters, my hunger to attend shows there isn’t high on my priority list.

With the EC Campus Book Club meetings going on, even if they are meeting in private, I think that information would be important to their decision making. It’s even more important for the city council that is moving on the 2020 budget to know how the place is doing. Not only revenue sources, but ongoing sponsorships, economic impact, and as it seems, very expensive maintenance costs of the entire campus (parking/SF Stadium, Convention Center and Arena).

My guess is that 2018 was down from the previous two years. But the bigger question is how much and why? General Managers don’t just get fired on a whim. I have a feeling SMG knows the numbers and are concerned. I also think that the Mayor’s office knows the numbers to, this is probably the reason they want to hand the Orpheum contract over to the Pavilion.

I asked a couple of city councilors to make a request to the city’s finance department with a 2018 audit update of the Denty. We will see how long they stall.