With the support of LMN Architects, the Arts Center Task Force has completed a pre-design study and site plan. Our proposed facility will include an 800-seat theatre with outstanding acoustics, technical support, and comfortable seats; a large lobby that can used for events; an art gallery and educational space; a catering set-up kitchen and beverage service; and plenty of restrooms. The space is optimized for music, dance, lyric theatre, plays, popular entertainment, multimedia, film festivals and receptions, lobby and stage exhibits, speakers and conferences, and graduations.
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IDENTIFY FUNDING MECHANISMS
The Arts Center Task Force has identified public and private mechanisms for collecting the funding necessary to build. We can expect to raise about $15 million from individual donors and corporate sponsors, $5 million from grants, and we hope to raise $20 million from public funding opportunites.
The Arts Center Task Force has produced a business plan necessary to completing this project. The Center will be in use 240 days a year: hosting resident companies, community groups, sponsored shows, and private events. A pro forma operating model estimates total revenues for the Center will be approximately $1.03M in the third year of operations!