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Theatre Facts 2003 

10-30-2019 15:00

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Theatres contributed over $1.4 billion to the U.S. economy in the form of salaries, benefits and payments for goods and services (p. 2).

• Overall attendance rose 4.2% and the total number of performances increased by 6.4% from 1999 to 2003 (p. 3).

• Over half—58%—of the Universe Trend Theatres ended the year with a deficit. In 2003, there were 30% more theatres running a deficit than in 2000 (p. 4).

• Severe state funding cuts took effect in 2003 (p. 9).

• Trend Theatres’ contributed income supported 2.4% more of total expenses in 2003 than it did in 1999 (pp. 9-11).

• Trend Theatres experienced a remarkable increase in individual contributions from 1999 to 2003 (pp. 10-11).

• The overall level of CUNA* plummeted 93% from 1999 to 2003 for Trend Theatres, resulting in CUNA of only .9% of expenses in 2003 (pp. 10-11).

• 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)

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