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Thursday, 03 January 2013 23:55 |
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From Staff Reports
FLAT ROCK — A financial crisis was averted in mid-December by donors who gave more than $250,000 through fund-raisers, enabling the Flat Rock Playhouse to move ahead with its 2013 season, according to Vincent Marini, the FRP’s executive director.
One anonymous donor pledged $100,000 and another offered $100,000, if it can be matched before the year’s end.
The non-profit state theater of North Caolina had accumulated a $2.2 million debt over several years, including money owed on its YouTheatre expansion.
Officials said in November that they might not meet payroll and operating costs without $250,000 by the end of the year.
The theater plans to change directions in 2013 in an effort to bring in more revenue.
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