I recently directed a tournament hosted by my local chess club (of which I’m the prexy) at a local community college. The event was a modest success in terms of turnout, didn’t do much to increase our membership (which was its primary purpuse) but, according to everyone, was a smoothly run affair in a great location. Even though our club still hasn’t met the criteria for USCF affiliation that we agreed to in our bylaws, I’m thinking of simply becoming an affiliate myself and running some more local events, rated this time.
We were fortunate in our recent tournament to have an “angel” who paid the $90 for the conference room we rented at the college, meaning our only expense was the trophies we handed out, and at $5 for advance entry, $7 for same-day, we came out roughly 20 bucks ahead. I’m of the belief that cash prizes would attract more participants than trophies, at least more adult and young adult participants.
However, having run the numbers, here’s what I’m looking at: With a $10 entry fee, I could probably expect roughly the same number of participants, losing a few because of the higher cost but gaining a few back because the event would be rated (our recent event was not). Subtracting out rating fees, a TD fee of $2 per participant (hey, if I’m doing this out of my own pocket, I want something back for it) and the $90 site fee, I’m looking at a total prize fund of $22.50, which is just sad. If I raise the entry fee to $15, I project that I’ll lose about 40 percent of my players – and end up with the exact same prize fund. (The “sweet spot” in between, $12, would yield an optimum $24 prize fund, by my estimation.) Conclusion: The site fee is a budget-buster.
But there simply is no better site in the area. I can rent a park district building for a day for $75, but it’s just a single room – no separate space for registration, skittles, etc. I can get a good space at the public library free of charge, but on the condition that I neither collect entry fees nor distribute prizes. The college site, in contrast, was simply perfect.
I also have to contend with living in an economically depressed area. I determined the baseline entry fee of $10 by examining the relative costs of living between here and Boston, where the Boylston Chess Club charges $27 to nonmembers. Imagine if you went to your local club and had to pay an additional $25 for a one-day tournament membership, or become a regular USCF member at a cost of $70 per year. That’s the psychological hurdle I have to clear to get people involved in rated chess around here.
If you were in my position, what would you do? Would you decline the TD fee? Settle for the less-than-ideal one-room park district site? Shop around for a sponsor for every event? Or just conclude that the local market won’t bear rated tournament chess?