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The TBT Balance Sheet


by Jerome Weeks 16 Sep 2008

The Fort Worth Business Press has an editorial column that provides a summation of the Texas  Ballet Theater’s finances: [When] a dry-dock period of dormancy and fiscal healing might appear in order, Texas Ballet Theater finds itself in a double-bind compulsion to perform through the Christmas season, in any event, when its annual Nutcracker blow-out […]

CTA TBD

The Fort Worth Business Press has an editorial column that provides a summation of the Texas  Ballet Theater’s finances:

[When] a dry-dock period of dormancy and fiscal healing might appear in order, Texas Ballet Theater finds itself in a double-bind compulsion to perform through the Christmas season, in any event, when its annual Nutcracker blow-out at Bass Hall and in Dallas can be expected to yield customarily high paid-admission revenues….

This perfect-world scenario would put paid to an overall indebtedness of some $850,000, keep the staffing-and-performance payroll on track — and encourage the development of a bedrock endowment that should have been in place all along. In a community that demonstrates time and again a commitment to the finer arts, where a tenured dance company’s steadfast dealings with a fine symphony orchestra and a grand concert hall should be a given condition, it makes no sense that Texas Ballet Theater should lapse from hard-earned privileged entitlement to bare-bones survival tactics.

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