Just for the record. Sometimes Open Mic makes a profit from upvotes in excess of the prizes paid out. When the price of SBD was $8 back in December and January for example.
Many times it does not make enough to cover the contest. @pfunk supports it financially and that is a big reason why it is still working.
My 100 SBD weekly contribution that I make personally is most often not covered by the upvotes to the contest. I make enough to cover it by making other posts not related to Open Mic and have sometimes pulled money from my personal saving to make up the difference.