Following 50th Anniversary Season, Guthrie Theater Reports Deficit
10 Dec 2013
Minneapolis' Guthrie Theater has reported its first operating deficit in 19 years, according to the Star Tribune.
The theatre announced a loss of almost $438,000 in the year ended Aug. 31, which marked its 50th anniversary.
The year's overall attendance was 375,702, marking a decline of 50,000 from the 2011-12 fiscal year, which featured a festival of work by British playwright Christopher Hampton as well as productions of A Long Day's Journey Into Night and The Primrose Path.
The year also included expense cuts of $1.1 million and an increase of 10 percent in donations. Total contributions were $9.8 million — an increase of almost $1 million from the previous year. But season subscriptions continued to decline.
Guthrie productions that did well during the year included Pride and Prejudice, featuring "Mad Men" actor Vincent Kartheiser, Clybourne Park and The Servant of Two Masters, as well as Nice Fish, by Tony winner Mark Rylance.
"We didn't reach the box office goals we set," Guthrie director Joe Dowling said in an interview with the Star Tribune. "We're still very healthy, but clearly a deficit is not a happy thing for any arts organization."
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