With the books now closed on fiscal year 2009, which ended June 30, the company can report that Merrimack Repertory Theatre has finished in the black and recorded a modest operating surplus for the fourth consecutive year. The surplus will further reduce the theatre’s mortgage on its Bagshaw Mills office/rehearsal/housing facility and build operating cash reserves. The economic crisis that began early last season has had a dire effect on several local non-profit theatres, but thanks to the proactive leadership of Merrimack Rep’s Board of Trustees and staff and the continued support of its thousands of
subscribers and donors, the company is weathering the financial storm.
Wednesday, July 29, 2009
More Good News from Merrimack Rep
From the Website: