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    Operations Planning

The first first major effort is the development of the venue, the second element, equally important, is planning for the operation of the new theatre.

 Prerparation of an annual operating budget is an ongoing effort, involving the local performing artists, visual artists, arts activists and other interested parties.

The Board of Directors recognizes that even a new state-of-the-art venue will not succeed without a firm financial plan and support from the community.

Without the fiscal responsibility of recovering capital investment and with minimal requirements for depreciation and maintenance costs, the required operational funds should be obtainable from memberships, donations, ticket sales and related sources.

The City purchased the building with the intent of establishing a local performing arts venue and is still commited to that ultimate goal. The Rivoli Theatre program is currently identified in the City's official approved comprehensive plan and funding is pending.

The funds of the Rivoli Theatre Group, primarily from initial city "seed" money, the Carousel Horses initiative and the Masterpiece Party are sufficient to pay for the architectural design and a request for proposal  will be forthcoming shortly.

 

The operations and management will be the responsibility of the Rivoli Theatre Group and the Board is currently negotiating the arrangements for property ownership.

A search for a managing director is being initiated and the position will be filled before construction begins.