You can do different price registrations for adults and children, have family registration prices, or charge every participant the same. There are a few ways you can handle this. You also need to consider that many families will run your event. You will need to set your entry fees in line to cover your expenses. The online registrations are free to use, but will charge the runners a convenience fee. In order to meet the needs of the widest variety of runners you should have paper copies of entry forms, as well as an online registration sight. Race bibs are from 20-45 cents each and other minor expenses may also be incurred. Depending on your city ordinances you may have to buy a permit to host your race and close streets and those costs vary by location. Course certification is about $300.00 and event insurance is about the same. Food and water can be donated at no charge. Medals range from $2.50-$5.00 depending on how fancy you want to get. Chip timing is anywhere from $800-$1700 depending on the number of participants you have. This cost will be paid for by your entry fees. Shirts will normally cost $7.50-9.50 each for short sleeve. Normally, entry fees will cover your expenses and sponsorship monies will be what you donate to your organization or worthy cause.Įxpenses for a run vary but $1500-$2500 is a good estimate, depending on how you do things and how many runners you have. I have seen runs bring in anything from $300.00 to $30,000.00. You cannot do this alone and you will need a group of hard-working individuals that are willing to help. A 5K money making run is a direct reflection of how hard the Race Director works to get sponsorships. How much money you will make hosting a 5K run solely depends on how much work you are willing to put into it. Below, you will find some helpful hints for getting ready to plan the perfect 5K. Problem….you don’t have a clue what to do!!!! Well, let me help. Now, you have decided you want to put on a 5K yourself. You think it looks like a good money-maker for a worthy cause.
So, you’ve run a few 5Ks and thought it was pretty fun.