• Case Study: Portland Stage Company (2013)

    By: Molly Hennighausen, MFA '15

    Founded in 1974, Portland Stage Company had a long history of both organizational leadership and financial instability. The organization managed to stabilize between 2000 and 2012. Now, after hiring a new Development Director, growing a larger individual donor base, and earning more revenue despite the recent recession, the board and staff felt that the organization was now in a position to prepare itself for a large campaign.

    The board and leadership crafted a vision statement in May of 2013 that outlined several major goals. The goals were to create an endowment that would generate approximately $300,000 that could be used for operations each year; grow artistic and organizational capacity through more staff, more programs, and a larger allowance for artistic product; and address urgent building repairs, building maintenance issues, and interior renovations.

     

    Portland Stage Company (2013) [Case Study]
    Filed in: Case Studies, Featured, Financial Management
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    Added on: July 13, 2016