A friend of mine was recently lamenting the parlous state of the one-and-only non-profit theatre in her city — you can tell this was not New York — which was in danger of closing, unless it found an angel philanthropist. Then I learned that last week the Madison Repertory Theatre closed down — at least a half-million dollars in the hole.
So I decided to see where similar theatres stood. I was pleased to find that last fall the Theatre Communications Group started doing “Snapshot Surveys” of its members,
some 460 theatres in 47 states, on fiscal matters.
The first set not only indicates danger — little surprise there — but also shows just how quickly the world has changed for theater in the last six to eight months.
Last September, of the 241 members who completed the survey, 41.5% reported a surplus, while 36.5% said they had ended their most recent season in the red. The rest broke even. Subscriptions and single-ticket sales were growing.