2020 brings new opportunities and new challenges. To meet these challenges we need to make some changes to our financial structure. Our rent in 2020 will be $2800 per month. We currently have four teachers who rent our space to teach classes and in total pay $520 a month in rent. Some students pay monthly tuition. Some pay a discounted family rate, others pay a weekly rate.
We currently do not have enough revenue to support our expenses. Each month I pay what we are short to make up the balance. Our non profit has not received any grants for the tuition scholarships we give. I am planning to increase the rental rate to $40 per class. We will also need to increase capoeira tuition. We have not had a tuition increase in almost 10 years. We will increase the tuition but with some important additions.
The new tuition will now include the cost of the two batizados and a new uniform each year. We will continue to offer a 25% family discount on tuition but it will not include the batizados or a new uniform each year.
This new offer will require an annual contract like your cell phone or cable tv company. Anyone who does not want to pay $150 each month on an annual contract can pay weekly tuition of $40 which will not include any of the events or a uniform.
For 2020 only all monthly students will need to pay $75 for the May batizado but will not have to pay for any other batizados in the future. Weekly students will pay the current batizado rates. New uniforms will be distributed at the December event.
Tuition options are:
Unlimited Monthly $150
Unlimited Weekly $40
Drop in $20
Payments can be made each month or week via credit card, venmo, cash app, PayPal, Zelle or cash. A credit card will be kept on file for annual contracts.