Theater Communications Group releases its annual report on not-for-profit theaters this week. A few key facts in “Theater Facts 2000”:
- Last year marks the first time average single ticket income exceeded subscription income.
- Contributed income grew 36% from 1997 to 2000, while growth expenses rose 22%.
- Local funding increased 140% during the same time period, with state funding up 20%. From 1997 to 2000, federal giving fell 11%.
- Of the 262 theaters partaking in the study, 69% broke even or showed a surplus. The average balance of net assets of these theaters reached an unprecedented $4 million in 2000.