FROM JESSICA ANDREWS,
Executive Director

As I celebrate my thirteen season with Arizona Theatre Company, the theatre is at a point  in its 42nd year to undertake something very exciting; something that we’ve all dreamed about for a long time – taking the steps necessary to solidify ATC’s future for many years to come. 

Although I am delighted to report that the theatre balanced its latest fiscal year’s operating budget, the last several seasons have been financially challenging for the organization.  Like all not-for-profit performing arts organizations, there are cycles of surpluses and deficits and it becomes difficult to plan for the future if theatre is always on a financial roller coaster. 

Therefore, last January our Board of Trustees engaged an outside firm to conduct a Major Gifts Campaign Study to determine if ATC was in a position in both Tucson and Phoenix to undertake a much larger fundraising effort than our typical annual fund campaign.  I’m happy to report that the findings were very positive and the Board has moved forward with a major gifts campaign.

The purpose of the Campaign is to provide $3 million in philanthropic support with two goals in mind.  1) to secure the company’s financial future by getting it back on a secure financial footing and establishing a cash reserve to help the organization through the annual inconsistencies in cash flow;  2) to purchase ATC’s historic office building in Tucson (the first permanent asset in the theatre’s history).  These goals were seen by our Board as important building blocks that needed to be established before the organization could undertake a significant expansion of ATC’s very small endowment. 

I am happy to report that as of this writing, the Board and staff have raised over $1 million!  We still have a long way to go, but this is a tremendous beginning thanks to the efforts of our Trustees and other donors in our community. 

We are now ready to publicly share the news of the Campaign and inform our ATC family of subscribers and friends of the significance of this effort and the goal of the eventual establishment of a major endowment to guarantee the long-term stability of the organization.  I hope you will consider joining us in this effort.

Be a part of ATC with your financial support!

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