HomeMy WebLinkAbout07/25/1989 Adjourned Meeting 61
ADJOURNED COUNCIL MEETING
JULY 25, 1989
12:00 NOON - 1:30 P.M. - CAPITOL THEATRE STAGE
The City Council met in •session on this date at 12:00 noon at the
Capitol Theatre. Council. members present were Mayor Pat Berndt,
Henry Beauchamp, and Lynn Carmichael. Council members Clarence
Barnett, Lynn Buchanan, Jerry Foy and Bernard Sims absent and
excused. Staff members present were City Manager Zais, Glenn Rice,
Director of Community and Economic Development, and City Clerk
Roberts. Capitol Theatre staff member present was,Steve Caffery.
Also present were Capitol Threatre Committee members Jeanne
Connors, President, Mary Beth Bradley, Bob DiPietro, Royal Keith,
Peggy Lewis, Rick Linneweh, Ilene Shields, Randy Smith, and Larry
Wright.
Peggy Lewis conducted a brief tour of the Capitol Theatre, giving
Council some historical facts about the facility.
1. PRESENTATION OF 1988 CAPITOL THEATRE YEAR -END REPORT
Following the luncheon, Steve Caffery reviewed the 1988 year -end
• Capitol Theatre report. He reviewed the background information
given in the report, stating it is important to know the Capitol
Theatre is a community driven facility. In the Pacific Northwest
there are only two other facilities like the Capitol Theatre and
they are The Pantages in Tacoma and The Washington Center in
Olympia. He stated the Theatre operates as an independent agent,
sponsoring events "at risk ", as well as accommodating the
professional promoters and local and resident events. He said the
average cost of an event sponsored "at risk" is $24,500 for direct,
out -of- pocket expenses. He reported the Theatre sponsored ten "at
risk" events last year.
Mr. Caffery read the mission of the Capitol Theatre Committee,
which is, "a city's vitality is measured in part, by its ability to
deliver a comprehensive range of opportunities —
recreational, educational, and cultural — to its citizenry. That
The Capitol Theatre can fulfill its mission to provide otherwise
unavailable opportunities invariably involved presenting "At Risk"
programming. It is the Mission of The Capitol Threatre Committee
to provide community trusteeship in managing the facility and
create an atmosphere of accessibility for users and patrons --
including a variety of programming."
Mr. Caffery reviewed several graphs, depicting 1988 -1989 Areas of
Expense ($499,990); 1988 -1989 Sources of Revenue ($513,650);
Compounded Percent of Change; Annual Attendance by Classification;
and Number of Facility Use Days.
Mr. Caffery responded to questions regarding the annual fund drive
revenue, marketing of events, and audience composition.
Mr. Caffery commented the national statistics indicate 1% of the
people will attend an event per year; in Yakima that would be 1500
people. He reported about 60,000 people attended events at the
Capitol Theatre.
Mr. Caffery spoke about the methods to decrease the operating
deficit of $51,473 which occurred in 1988. He said there has been
a 26% reduction in General and Administrative expenses; a 16%
reductions in Operating Expenses; a 56% increase in Series Ticket
sales, a 6% increase in Facility Rentals and $43,800 was raised in
one -time gifts and grants. There was a $10,041 accumulated surplus
as of June 1987 and a $13,660 operating surplus as of June 30,
1989, leaving an $27,772 accumulated deficit as of June 30, 1989.
City Manager Zais suggested Mr. Caffery approach the School
District to participate in the Capitol Theatre's management fees.
This suggestion resulted in a discussion about the programs at the
Theatre the students attend. He said they received a $15,000 grant
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to sponsor students, which in the past = %was aria out -of- pocket expense
for the Theatre.
Mr. Caffery closed his remarks by commenting that he has been here
for two - and -d= half'+ year's= -and Council should know the Capitol
Theatre should not be here. He said it is only through the support
given by the community that it continues to exist.
The meeting was adjourned at the ho - - of 1:40 P.M.
READ AND CERTIFIED ACCURATE BY:`1J4i .0 : � AlL:.': e -Si
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CITY CLERK MAYOR
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