As part of your course union you are planning a large student showcase for the end of the year. You are hosting the event in the student union building with no rental fees. Catering for your estimated turnout of $300$ guests comes to $$15$ each. You opted for the cash bar that comes with the fees of $2$ bartenders for $$20$ per hour for $4$ hours but will be providing a drink ticket to each guest that costs you $$8$ per ticket. The venue manager tells you that you need to pay for $2$ security guards at $$30$ per hour for a $5-$hour shift to ensure the safety of all patrons and staff. The AV setup comes to a total of $$1,200$ for the performance portion of the evening. The costs for staffing and catering are due on the day of the event. You were lucky to secure sponsorship funding from your school for $$6,000.$

Do you have enough money sponsorship money to host the event?