Our club has three main sources of income other than membership dues.
At each meeting, we have folks bring pieces of wood and pile them all up. At some point, everyone who wants a piece puts one or more dollars with their names written on them in a big bowl. Drawings are held with folks going up and getting a piece as their name is called. Makes $40-50 per meeting.
Second, our club actually runs a booth at two county fairs. This is a club booth and we have demonstrators turning for the public at all times, in addition to having pieces on display and on sale from club members. Since we are there as a club and as demonstrators, we get the booth space for free and pay nothing to the fair on our sales. In exchange, we put on a good show and turn lots (and lots, and lots, and lots) of tops for kids. 10% of sales goes to the club. This has been a major funding source in some years (over $1500 in one year).
Third, our club hosts an open turning day ever 3-4 months. We have a large space at a local college that costs us $125 to rent for the day. We have 8-10 minis running and we invite not only our club but all the ones within reasonable driving distance. There is no fee to come and turn. During the day, we have a silent auction (you write a bid on a piece of paper then others can come and outbid you) on donated new and used tools, wood, dry blanks, roughouts, etc. all donated by club members. When we started doing this, we figured we'd try to pay for the space with this. We've ended up making $500-800 per day, all on donated wood. We have one coming up next month and will have two cut up cherry trees for sale.
Between all of these sources, we've managed to keep our coffers full and still be able to have big-name turners come for the weekend, upgrade some club equipment, and pay $125 per meeting for our meeting space.
Not bad.
Dietrich