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Summary

Financial Reporting and Strategies for Not-for-Profit Theatres

 

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  • Develops management and board reports designed to increase operating surpluses of not-for-profit theatres in the United States;

  • Defines strategies that create competitive advantage for those theatres.

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any management and board reports provide great quantities of data but little useful information on which to act. In addition, most strategic plans do not define either an existing or planned competitive advantage, the essence of good strategy. Given that operating surpluses are increasingly difficult to achieve in the not-for-profit theatre, more informative reports and better strategies are needed as never before.

In my capacity as NTC’s principal, I apply a unique combination of three areas of expertise to the economics of the not-for-profit theatre.

  • Thirty years of corporate financial and strategic planning experience;

  • Fifteen years of study of not-for-profit accounting and theatre management reporting; and

  • Deep knowledge of contemporary and classic drama.

Arthur F. Nacht, Principal
Nacht Theatre Consulting, LLC


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