Following on from ArtsHub’s survey of prominent performing arts companies’ financial results, this week we’re spotlighting the past three years of state theatre companies’ data.
As revealed by some state theatre company CEOs, our larger performing arts organisations are facing a particularly sharp dilemma given their remit to deliver a high number of large-spend shows throughout the year, while also incurring sizeable ongoing staffing and operational costs. This combination exposes them to greater risk of operating losses compared to smaller companies, whose ongoing expenses (and associated recent cost hikes) are smaller.
