Monday, July 11, 2016

Arizona Theatre Company Feels the Love—But Needs a Lot More

Posted By on Mon, Jul 11, 2016 at 9:00 AM

click to enlarge temple_of_music_and_art_in_tucson_az.jpg
Last we heard, Arizona Theatre Company had two weeks to come up with two million dollars, otherwise the theatre would be forced to close its doors for its next season. The announcement came last week in a press release, saying the company needed the cash or an entire year of reorganizing in the hopes they could raise the curtain the year after.

On July 8, ATC sent out another press release to announce that nearly 360 donors from Tucson and Phoenix have pledged a quarter million ($220,000 to be exact) in a fundraising effort to save the 2016-17 season. In addition to the 213 Tucson donors and 145 from Phoenix, an anonymous donor pledged a separate $100,000 donation to have the deadline for closure extended to July 15. Mike Kasser, board member at ATC, has also agreed to match the funds if one million can be raised before the deadline.

Members of ATC's governing bodies said in the release that the support from the Tucson and Phoenix communities is cause for hope, but they are reaching a critical timeframe that needs to be met otherwise "options are very limited," according to  ATC Managing Director Billy Russo. 

"Either we go on temporary hiatus to restructure the business model or close our doors," he said. "We are hopeful that the people of Arizona won’t let that happen.”

To donate to the cause or for more information, visit www.arizonatheatre.org.

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