Theatre Communications Group Releases 33rd Annual Research Report

Not-for-profit theatres contributed nearly $2 billion to the U.S. economy and attracted 36.7 million attendees, according to Theatre Facts 2012, released by Theatre Communications Group. The six major findings from the report include (five-year percentages are adjusted for inflation): 1. attendance on the rise; 2. an overall return to pre-recession levels; 3. individuals and foundations leading the way; 4. investment in theatre people; 5. 50 percent of theatres ended 2012 with breakeven or better change in unrestricted net assets; and 6. working capital still needs work.