Where the money goes.
Capital by phase, plus pre-opening, development overhead and a twelve-month operating reserve. The land, sound system, gear, bathhouse, maintenance building, landscaping and art, and the cabins use our planning targets; the amphitheater, studio, house, gallery barn and its kitchen, site work, approvals, fees and fit-out use our California cost research, the base at its low tier. Design fees and contingency are added to every phase.
The sources are a first draft for the base case: investors fund land and lodging in a property company, donors fund the amphitheater, studio, gallery and landscape, and the debt is sized to what the cabins earn after their own costs.
Earned income, giving and the gap.
USD thousands. The stabilized column shows every line with all three phases open and demand fully ramped. Cash flow is before financing: no debt service and no depreciation.
Drivers and staff roster
No single lever closes the gap. Together they can.
Base case at stabilization, one change at a time, then all of them together. Each lever needs a decision, a donor or a permit.
When the money is spent.
Capital spend by year for the selected case, in millions. The peak year is highlighted.
The camp permit is the critical path.
Base case. Phases 1 and 2 open in May 2030, 36 months after a May 2027 land contract, and the gallery follows in May 2032. The Ojai research range is 42 to 108 months from contract to opening, so the camp permit sets the risk. Pop-ups can start on the land in 2028 under the county’s outdoor-event rules.
Every case, side by side.
Every input, labelled.
steve a planning target we have set research cited from a source assumption a reasoned estimate draft a planning choice to confirm. Change any of them on the Assumptions sheet of the workbook and everything recalculates.