STC has published a glowing 2015 annual report, registering year-on-year increases in income and attendance.
Sydney Theatre Company has announced an impressive financial surplus in its 2015 Annual Report, detailing an operating surplus of $618,101, and a consolidated surplus – including money raised through the Company’s capital campaign, as well as income from the Roslyn Packer Theatre – of $2.668 million. This sum is a $871,000 increase on 2014’s consolidated surplus of $1.79 million.
The company recorded year-on-year improvements across a range of different metrics. The number of season ticket holders in 2015 was up 29% from the previous four-year average, with 20,513 subscribers seeing an average of 7 plays across the year. Total attendees were also up, with 282,622 people seeing STC shows in 2015, compared to the 235,285 in 2014.
Philanthropy and corporate sponsorship also played a major role in the positive financial outcome for the company. Donations now represent 7% of STC’s annual income, a sum equivalent to the company’s Federal and State subsidy.
The Company’s 2015 programme boasted one of most star-studded line-ups of recent years, and the most popular productions of the season reflect the powerful draw of A-list talent. Cate Blanchett and Richard Roxburgh’s critically...
Continue reading
Get unlimited digital access from $4 per month
Already a subscriber?
Log in
Comments
Log in to start the conversation.