| DESCRIPTION: VM Productions produces under the sponsorship of New Playwrights Foundation, a 32 year old non-profit organization focusing on the advancement of writers, film and video artists. Because of this sponsorship arrangement, we are entitled to see a profit despite the tax-free donations available to us. This kind of sponsorship is used by a number of for-profit companies like VM PRODUCTIONS interested in creating quality work in ways which nevertheless maximize return for their investors. Using this technique, motion pictures, which might otherwise be deemed a high risk by the motion picture community, represent an acceptable risk because of the much lower investor contribution required to realize the production. Put simply, non-pro entitled to see a profit despite the tax-free donations available to us. Most of VM Productions pictures are budgeted at around US$1 million. Based upon VM Productions previous experience and the contacts we have developed, we know that through a combination of non-profit donations and discount equipment and services, the full out-of-pocket cost to our investors of producing one of our pictures (including pre-production, production, postproduction) is less than US$150,000. |
