TCG Public Resources

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• Theatres contributed over $1.46 billion to the U.S. economy in the form of salaries, benefits and payments for goods and services (p. 2).
• More than half—54%—ended the year in the black, a direct reversal of the situation for the Universe Theatres of 2003 (pp. 2­3).
• Ticket sales covered a decreasing proportion of expenses: 5.1% less in 2004 than in 2000 (pp. 5­6).
• Expense growth outpaced inflation over the 5­year period by 8.9% despite a 2.6% expense cut from 2003 to 2004, the first decrease in the five years (p.7)
• Average foundation support has declined each year since its peak in 2001, now supporting 2% less total expenses than it did in 2000 (pp. 10­-11).
•  Growth in average total individual contributions exceeded the growth in inflation by 63%. (p. 10).
•  The overall level of CUNA had a significant recovery in 2004, reversing the downward trend from 2000 to 2003 and reaching a 5­year high (pp. 9-­11).
• Although it rebounded in 2004, working capital was negative for each of the five years, indicating that Trend Theatres have carried a collective accumulated deficit and are increasingly borrowing funds to meet daily operating needs (pp. 12-­13).
• Overall attendance rose steadily from 2000 to 2002 but slipped in 2003 and again in 2004 to reach its lowest level of the five years (p. 14).