When do I need to send a profit share check? Where do I send a profit share check for Kingdom Events?
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.
If you need to send any profit share checks to the Exchequer there is a new PO Box. Please send all checks payable to “SCA Inc – East Kingdom” to Yona Carmichael, East Kingdom Exchequer, PO Box 7, Carlisle, MA 01741.