Thursday, February 19, 2009

TCG Fiscal Snapshot Out

Theater Communications Group has released a "snapshot" of the fiscal situation of member theaters.

Interesting numbers from a quick glance:

-20% of theatres report that in dealing with fiscal issues they will reduce the number of productions.

29% say they will substitute a larger cast play with a smaller cast play.

69% will reduce or freeze salaries.

48% will reduce administrative staff.

28% will reduce artistic staff.

55% are decreasing budget in planning for next season.

You can read the details, and other snapshots, here at the TCG Website.

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