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Author: Sisuile Butler

New Kingdom Profit Share Rules

New Kingdom Profit Share Rules

Starting January 1, 2024, all royal progress events will profit share with the kingdom. Per Kingdom law:

·         For events that report a net profit below $2,000, the local branch shall retain 100% of the net profit

·         For events that report a net profit between and including $2,000 and $3,000, the local branch shall retain 90% of the net profit, the other 10% being given to the East Kingdom.

·         For events that report a net profit above $3,000, the local branch shall retain 80% of the net profit, the other 20% being given to the East Kingdom.

Starting July1, 2024 all Baronial Investitures are considered Kingdom events and the profit share is a 50%/50% split.

Please see the FAQ for the address to which to send profit share checks

End of Year Reporting

End of Year Reporting

Please note that end of year reporting is due from every local group no later than 1/31/20. If you are having any issues with your reports, please reach out to your regional exchequers sooner rather than later. All financial warrants expire 2/15/20, and they will not be reinstated if end of year reports are not completed.