In a January 17 article, Kathleen McLaughlin of the Indianapolis Business Journal analyzed a December 2008 study released by the National Endowment for the Arts. Authors of the study reported that the number of not-for-profit theatres with budgets of $75,000 or more doubled between 1990 and 2005. McLaughlin wrote that the study was concluded before the events that led to the current recession, however. She cited a separate NEA study in which officials noted that the number of adults who reported attending a play or musical during the previous 12 months declined between 2002 and 2008.
In her article, McLaughlin asked theatre professionals -- including a producer, theatre professors from the University of Indianapolis and Butler University, the NEA's director of theater and musical theater, and two founders of a new Indianapolis theatre company -- how the multiple factors of increased competition, decreased audiences and an economic downturn may affect the future of theatre.
You can read the complete article at the Indianapolis Business Journal's Web site.