The Paper Mill Playhouse Presents Annual Audit
Like many other theatre companies trying to stay afloat in these financial times, The Paper Mill Playhouse has had to navigate financial turmoil over the past year. Fiscal and operational changes were undertaken, and the township purchased the Paper Mill Playhouse in the hopes of avoiding closing its doors. The Paper Mill's annual audit, which was presented on December 15, confirmed that the recent changes were indeed a step in the right direction - no deficit is expected for the next year.
Timothy Gordon, the township's business administrator says that operational changes were needed, "They went to five shows instead of six, they went to four weeks instead of five," he said. "The main thrust of that was that they were trying to curtail expenses."
To read the rest of the story in NorthJersey.com, please click here.Paper Mill Playhouse, a not-for-profit arts organization, is one of the country's leading regional theatres. Paper Mill Playhouse programs are made possible, in part, by funds from the New Jersey State Council on the Arts/Department of State, A Partner Agency of the National Endowment for the Arts, and by funds from the National Endowment for the Arts. Additional major support is provided by generous contributions from numerous corporations, foundations, and individuals. Paper Mill Playhouse is a member of Theatre Communications Group, the National Alliance for Musical Theatre, the Council of Stock Theatres, and the New Jersey Theatre Alliance.
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