Greg,
Community Events will allow front-end submission. If you also need ticketing capabilities, it gets a bit more complicated. You’ll need our Event Tickets (free) and Event Tickets Plus (premium) to add ticketing functionality. To get that within Community, you’ll need Community Tickets (premium).
You might want our Community Manager Bundle which packages all of that up and also includes Filter Bar for less than the three mentioned above would cost individually.
Community Tickets currently has supports PayPal for split payments, but you should be able to use Stripe if you are taking all the payments directly and paying your community organizers through a manual process.