Nevada Theatre struggling, too |

Nevada Theatre struggling, too

The Nevada Theatre Commission, which owns and operates the Nevada Theatre on behalf of the community, has supported Foothill over the years by offering them a below-cost rental rate, subsidized by a range of fundraising efforts by the commission and by contributions to the theatre from community organizations, businesses, and individuals.

Last year, Foothill was virtually in the same financial position. They were unable to pay us almost two months of rent. In order to make up this loss, Nevada Theatre Commission President Jim Dodds personally raised over $7,000 on their behalf. Despite these efforts, the Nevada Theatre experienced a $9,000 loss during this last fiscal year.

Foothill is a large operation and we are very small in comparison. In the information provided to us by Foothill, their annual payroll costs are over seven times our total annual expenses. So we have been trying to help financially an organization 10 times our size while experiencing the same economic downturn.

We were informed at the public meeting and in personal phone calls, that if FTC did not raise $90,000 in cash and $157,000 to be paid by Dec. 31, Foothill would close on Aug. 15. Since Foothill did not pay their August rent, we sent them a notice of default as required by their lease. This was not an eviction. We were reminding them that they had not paid us.

The Nevada Theatre Commission has a responsibility to the community to run a financially sound nonprofit operation. We will again face an annual loss if we unable to keep the theater continually rented. Our ongoing financial support of Foothill over the years has demonstrated that we value their operation and we hope that Foothill Theatre Company will be successful.

Jim Dodds

Nevada Theatre Commission

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