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Friday, December 23, 2011
Nonprofit Theater Companies Enjoying, Well, Profits - NYTimes.com
Nonprofit Theater Companies Enjoying, Well, Profits - NYTimes.com: While money is tight these days for nonprofit theaters nationwide — with Intiman Theater in Seattle becoming the latest to face closing, amid heavy debts — New York’s major nonprofits are financially stable by comparison, their leaders say. But they are becoming more aggressive about producing work that can sell tickets, as a hedge against the unpredictability of private donations and subscription renewals.
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