OUR PROGRESS
PARTNERS AND COMMUNITY SUPPORT
The Arts Center Task Force relies on the support of a committed volunteers and donor base, and the relationship with our partner organizations. We have worked hard to garner support from a range of local organizations and officials.
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.
BUSINESS PLAN
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!