Financial Goals

Next Stage: Building the Future of the Arts in Iowa City

FINANCIAL GOALS

OPERATING COSTS

Riverside will go from housing audiences 100 nights per year to 150 nights per year, with nightly capacity increasing from 118 to 150. Increased staffing will include patron services and box office personnel, concessions, and bar manager, education and outreach coordinator, and facilities/housekeeping personnel.

To make this next act a reality, Riverside will launch its first capital campaign in twenty years, with a goal of raising $1.82 million.

Capital Expenses (79%)
Crescent Street Build Out $798,660
Crescent Street Fit Out $551,645
Company Truck for Load-Ins and Materials $30,000
Festival Stage Renovations $50,000
Capital Expenses Total: $1,430,305
Operational Support (16%)
Increased Artist Fees and Production $125,000
Increased Staffing $125,000
 Offsite Storage and Shop Space $42,080
Operational Support Expenses Total: $295,000
Campaign Costs (5%)
Campaign Staff and Fundraising Manager $41,921
New Website and Customer Services Management $37,245
Branding and Marketing $20,000
Campaign Costs Total: $99,166

Thanks to the strength of our community, we are 83% of the way to our goal!

A great city deserves serious theatre that sparks discourse, builds community, delights, inspires, breaks down barriers, and explores the complexities of the human spirit.

LEARN MORE ABOUT THE CAMPAIGN