Research: How to Survive the Recession
“We got hit really bad last year,” says Richard Rose, the producing artistic director of the Barter Theatre in Abingdon, Va. One of the nation’s longest-running professional theaters, the Barter launched the careers of actors such as Gregory Peck, Kevin Spacey, and Patricia Neal. Despite its rich history and successful track record, “we probably lost about $550,000 on a $6 million budget last year,” says Rose. “For 2009, we cut our budget back by a million dollars.”
The current recession has left few nonprofits unscathed and has hit theaters particularly hard, reports the most recent communiqué from the Johns Hopkins…
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