Budgeting: The Basics

Tuesday 12 May 2020 2.00pm - 5.00pm

COVID-19 UPDATE: it is likely we will need to postpone this training course which was due to take place on 12 May 2020 at the Albany, London; we hope to reschedule it in the Autumn.

We are hoping to run a short Zoom webinar on this subject. Please keep an eye out for more details.

For those who have already booked, we will transfer your place on to the next course and keep you informed as of the new date.

This afternoon session is designed to give you the confidence and knowledge to create and implement a successful budget that can be applied to both individual projects and whole organisations.

Throughout the course we will cover:
- Production & funding budgets
- Industry standards & ITC rates of pay
- Realistic production/project costs
- Not under selling yourself & valuing one's work
- Hidden costs (Per diems, relocation and employment costs etc.)
- Match funding, in kind support and sponsorship
- Theatre Tax Relief / company set costs
- Timeline and cash flow
- Management and annual budgets and how project budgets link these
- Monitoring and evaluation

Target Audience

This course is aimed at those who are new to budgeting and/or want to be more confident with the fundamental building blocks. The course will demystify how to create a budget, what to include and help to better understand budgeting terminology.


The course is a mix of the trainers’ presentations and group exercises. There will be plenty of opportunity to ask questions and share your own ideas/experiences. Course notes and reference materials are provided.


Zoe Bateman, ITC's General Manager
Zoe studied Performing Arts at London Metropolitan University. She has worked for the King's Head Theatre, Ustinov Studio: Bath Theatre Royal and Barbican Centre and most recently for Greenwich & Lewisham Young People’s Theatre, where she became General Manager. Zoe is responsible for ITC's company finances including annual/project budgeting, bookkeeping, management and annual accounts and payroll.

Thea Stanton, ITC's Communications Manager
After studying Drama at Bristol University, Thea went on to complete a Masters in Choreography at Trinity Laban Conservatoire of Music and Dance. In addition to her own independent producing, Thea has worked at Punchdrunk Enrichment, The Barbican, Trinity Laban Creative Learning Department, Spontaneous Combustion Festival, Battersea Arts Centre and Tavaziva Dance. She has also been invited to lecture on her experiences of cross arts collaboration at Arts University Bournemouth, Goldsmiths and Trinity Laban.


£75+VAT (£90) for ITC members and £105+VAT (£126) for non-members. Early Bird rates available three weeks in advance.


The Albany, Douglas Way, London, SE8 4AG

For more information or to discuss access needs, please call (0207 403 1727) or email us

Bookings are registered on receipt of the course fee. As there is are limited places on our courses places are allocated on a first come, first served basis. Outstanding payments may be cancelled in order for others to book and attend. Please find our full booking terms and conditions, including the cancellation policy here.