Our primary need for funding is to cover our monthly costs, which are about $15,000 per month. But many people prefer to give to a specific project, so here is a list of what we would like to do, and the costs.
Apps
iOS update ($6,000)
Android update ($5,000)
Class production
These are classes that are recorded and we are waiting funding to do post production (specifics below).
Matthew (Craig Keener) $14,000
Sermon on the Mount (Bill Mounce) $20,000
Luke/Acts (Darrell Bock) $10,680
Acts (Craig Keener) $14,000
World Missions (curriculum development) (Timothy Tennent) $14,000
New Classes
What is the Gospel? (Foundations; Mark Cortez) $5,000
How to Read the Bible (Foundations; Bill Mounce) $4,000
Old Testament Survey (Academy; Paul House) $27,000
Practical Aspects of Pastoral Ministry (Institute; John Johnson) $22,000
The Work of the Spirit: Disicpleship (Institute) $20,000
The Fruit of the Spirit: Spiritual Growth (Institute) $20,000
Costs
Hourly costs per class
This is the formula we use to determine costs creating a class. It is based on a final hour of video and what are all the costs connecting to that hour. For example, we pay a professional videographer $100 per hour, assuming that he will spend two hours for every hour shot. For a typical seminary level class with 20 hours of lectures, it costs us about $25,000 for recording and production.
Not every class we have requires each of these steps, which is why the prices above vary from class to class.
| Class costs | Cost/hour | Production / hour | Total / Hour |
|---|---|---|---|
| Video recording | $100 | 2 | $200 |
| Video editing | $100 | 3 | $300 |
| Color correction/rendering* | $50 | 1 | $50 |
| Sound editing | $30 | 3 | $90 |
| Outlines | $20 | 1.5 | $30 |
| Quizzes | $25 | 2 | $50 |
| Study notes | $25 | 2 | $50 |
| Web class | $25 | .5 | $12.50 |
| Transcription & edit | $20 | 4 | $80 |
| Miscellaneous | $50 | 1 | $50 |
| Overhead | $50 | 6 | $300 |
| Total / hour | $265 / $415 | 23 / 25 | $712.50 / $1,162.50 |
*For classes that are already recorded, there is no recording or editing costs, just the color correction and rendering.
One-time costs per class
| Speaker costs | |
| Honorarium | $1,000 - $4,000 |
| Flight | $600 |
| Hotel | $100/night |
| Total | $1,900 - $4,900 |
| Class costs | |
| Video/Audio setup | $500 |
| Teardown | $200 |
| Marketing | $100 |
| Cleaning | $100 |
| Total: | $900 |