In February 2011, Everyman Theatre was weeks away from beginning construction on its new facility, the Town Theatre on Fayette Street in downtown Baltimore. Managing Director Ian Tresselt had joined Everyman in the fall of 2008, and assumed oversight of the capital budget and operating pro forma that had been developed for the project before he arrived. His initial priority was capital fundraising and overseeing revisions to both the theater design and the construction budget. After focusing for months on raising the funds needed to close a tax credit deal that completed the financing for the construction project, he and the staff were turning back to review the financial projections for the theater as it planned its move.
This case is intended for use in class and, rather than teaching note, is accompanied by a resource packet for student use on at-home financial assignments pertaining to the case.
Publication Date: 2011-05-15
Suggested Citation: Patricia Egan, "Everyman Theatre's Capital Project," Yale Theater Management Knowledge Base Case Study #Fac-01, May 15, 2011
Keywords: Baltimore, Community, Facilities, Financial Management
Teaching Notes: Yes (contact yaletmknowledgebase@yale.edu)
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