Performing Arts Center has good news in hard times
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Lolita Harper
The tenor at the Orange County Performing Arts Center was upbeat
Tuesday evening, despite the lack of any musical instruments, as
officials announced a record-breaking financial performance in the
past year.
In a time when other venues are struggling to stay afloat, the
Center has been flooded with generous donations and a tide of
record-breaking ticket sales and attendance, officials said. The new
concert hall under construction adds to the synergy and provides a
positive outlook for the future of the cultural hub.
“We have in Orange County something that the world is going to
envy -- if they don’t already,” said Roger Kirwan, co-chairman for
the Center’s expansion fund-raising campaign.
More than 350 people gathered in the intimate hall for an
elaborate offering of food and cocktails and a pleasant recital by
board members. Chairman Paul Folino congratulated the Center’s staff
and donors for their loyal support during trying financial times.
“It was challenging, in lieu of the economic environment,” Folino
said. “We should all be very proud that we remain positive and in the
black.”
Treasurer John Evans reported total revenues of $37.6 million and
expenses of $37.2 million, leaving the Center with a net surplus of
$386,000, which will be added to reserves for future programs. Record
ticket sales of $21.1 million and gifts of $7.4 million, none of
which came from government entities, also highlighted Evans’ report.
“I am very pleased to report that our Center continues to operate
in a financially strong and responsible manner, while providing a
broad array of performances and education programs,” Evans said.
Kirwan, co-chair of the Building on the Vision Campaign, assured
the audience the new Renee and Henry Segerstrom and Samueli halls,
which are under construction, would indeed be a reality.
“Get those tuxedos and your best gowns ready, because in September
of [2006], this is the place to be,” Kirwan said.
Since its beginning in 2000, the campaign has brought in more than
$110 million of the $200 million for the project, he said.
“We’ve got momentum in our fund-raising and are rapidly
approaching the $115-million mark,” Kirwan said.
While most of the meeting was scripted, officials surprised Kirwan
with the Chairman’s Cup for Distinguished Service to the Center, an
annual honor given to extraordinary volunteers.
Kirwan accepted the award with humility, surprise and pride in the
Center, he said.
“I have always believed in this,” Kirwan said. “I wouldn’t be dumb
enough to stand here if I didn’t.”
Center President Jerry Mandel touted not only the bottom line but
the underlying mission of the Performing Arts Center: to continue to
enlighten and enhance the community. The Center has maintained a
reputation of “artistic excellence” and will build on that in years
to come, he said. Mandel also stressed the Center’s role in
education.
“We’ve raised that bar high, and next year will be no exception,”
Mandel said.
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