Every person operating a theatrical exhibition, public show, circus, dance or any public amusement or entertainment conducted for private profit or gain, to which admission is obtained by the payment of money or other reward, shall pay to the City a tax of two percent of the admission price, with a minimum charge of one cent (1¢) on every admission or ticket sold, which tax shall be paid by the person purchasing the ticket or admission and collected by the person selling such ticket or admission.
Every person subject to this tax shall keep a record of the number of admissions or tickets, and the amount received for each such admission or ticket, and shall upon demand, display to the Director of the Department of Finance of the City the original books of entry, showing the number of such tickets or admissions sold, and the amount received for such ticket or admission.
The provisions of this section shall not apply to performances sponsored by any church, charitable or religious association, schools, academic institutions, veteran and fraternal organizations not operated for private gain.