How To Prepare A Film Budget
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How To Prepare A Film Budget

Taught by Tatiana Kelly
$49.00
Tatiana Kelly
Taught by
Tatiana Kelly
Producer at Serena Films (Almost two dozen films which have premiered at Sundance, Tribeca and more!)

Summary

Learn directly from Host Tatiana Kelly, who has produced almost two dozen independent films including The Words (Bradley Cooper and Zoe Saldana), The Catcher was a Spy with Paul Rudd, Life of a King with Cuba Gooding Jr. and more! 

"Tatiana Kelly presentation was very thorough. I have five pages of notes taht i can use later. I feel more prepared in planning a budget. Kudos!" --Sandra R

One of the most critical stages in filmmaking, once you have a script, is budgeting your film. The budget can cover everything from the inception of the project, such as writing fees and other development costs, all the way to the finished film and even film festival marketing. Whether the film is under $10,000 or over $10,000,000 the film budget must present a spending plan for every dollar to be expended on the production.

You will need to have a budget that is detailed and accurate because it will serve as the road map and your bible for the project. It is also one of the key documents of your presentation that should be in place when seeking out investments. It is really the scope of the budget that will directly affect the amount of money needed to be raised.

Creating a budget is not an easy task given that it can consist of hundreds of line items that have to be balanced across many different competing priorities. Both over and under estimating the budget can be disastrous in that you can either end up not having enough money to finish the film or you can have enough but it will be impossible for investors to recoup their financial investment.

To help you on your way to understanding budget, we've brought in producer Tatiana Kelly. Tatiana has produced almost two dozen independent films including The Words (Bradley Cooper and Zoe Saldana), The Catcher was a Spy with Paul Rudd, Life of a King with Cuba Gooding Jr., Cut Throat City, produced with Reggie Hudlin (Django Unchained), directed by RZA from Wu Tang Clan, Indie darling Wristcutters: A Love Story, and many more. 

In this Stage 32 Next Level Webinar, Tatiana will present a straightforward method of developing a working budget. She will discuss what some of the key questions are as well as the decisions that need to be made prior to embarking on a budget. There are certain primary elements of the film and the screenplay that may be necessary such as stunts or locations or cast in order to secure financing for example, and which will help start to build out the budget. She will also cover budgeting basics and review what all of the line items represent.

What You'll Learn

  • Primary elements to think about when setting up your budget
  • Different budget thresholds
  • What do you need to justify a bigger budget?
  • How to determine what to offer cast and crew in terms of fees
  • How a budget is broken down
  • Above the Line costs
  • Below the Line costs
  • Post-production costs
  • Ancillary costs
  • SAG Residual Reserves
  • Bonds
  • Marketing costs
  • Contingency
  • Areas where people generally over-budget
  • Recorded, in-depth Q&A with Tatiana!

Who Should Attend

  • Independent Producers
  • Line Producers
  • UPMs/POCs/Ads
  • Production Coordinators
  • Production Supervisors
  • DIY Filmmakers looking to learn how to budget their project
  • Writers that want to write with an accurate budget in mind
  • Directors that want to understand why producers make the decisions that they do

Executive

Tatiana Kelly
Tatiana Kelly
Producer at Serena Films (Almost two dozen films which have premiered at Sundance, Tribeca and more!)

Tatiana Kelly is a producer whose first film premiered at Sundance in 2006 and was released by Lionsgate. The film earned two Independent Spirit Award nominations and was an eight-time Best Feature festival-winner. In August 2020, Tatiana released CUT THROAT CITY starring Oscar nominee Ethan Hawke and Oscar nominee Terrance Howard. It reached the Top 10 on Netflix. She is currently in production on her next feature, THE PEOPLE VS. VEGAS DAVE.

Previously, Tatiana produced THE WORDS starring Oscar nominee Bradley Cooper, Oscar winner Jeremy Irons, and Zoë Saldana, THE PROCESSIONS, written and directed by Academy Award nominee Robert Festinger, and LIFE OF A KING, starring Oscar winner Cuba Gooding Jr., which premiered at the LA Film Festival.

Testimonials

 

Credits

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