Operating Support
ACHF Arts Access
Future fiscal sustainability. To protect its fiscal sustainability, the Commonweal will evaluate its operating model to achieve an operating fund surplus, on course to building a working capital reserve. 2: Maximize accessibility to the arts. Offer high-quality artistic mainstage and special events programming, evaluated at the staff and board level, with minimal financial barriers to maximize accessibility to the arts in southeastern Minnesota.
Using ticket revenues freed from expenses paid for by Arts Board grant funds, the company has significantly reduced the annual debt service costs on our operating budget. The Commonweal maintains detailed records of revenue generation, and costs and benefits for each production or program. Revenue and expense, actuals and budget are reviewed at least monthly (quarterly at the board level). 2: The Commonweal welcomed 21,000 patrons to mainstage performances in 2015, plus another 1,300 at Student Matinee performances. Weekly staff and departmental meetings allow for assessment of artistic and administrative progress. Detailed records are maintained for attendance, revenue, costs/benefits, and demographic trends for each production or program.
Other, local or private