Victoria Theatre Association (VTA) presented its 2018-2019 Community Report at today's Annual Meeting, held in the Mathile Theatre at the Benjamin & Marian Schuster Performing Arts Center. The meeting celebrated a fiscal year-end report revealing an estimated $23.7 million economic impact on the Miami Valley region, the opening of the PNC Arts Annex, and acknowledged the success and conclusion of The Next Stage Campaign.
"VTA's 2018-2019 Season was a real turning point for Victoria Theatre Association," said Martha Shaker, outgoing VTA Board of Trustees Chair. "VTA's President & CEO, Ty Sutton, has accomplished quite a bit during his first year with the opening of the PNC Arts Annex, innovative ideas and diverse programming as well as advancements in VTA's financial health and long-term viability."
"The close of the 2018-2019 Season also brings close of The Next Stage Campaign," continued Shaker. "More than 800 individual, corporate, foundation and government donors contributed to increase VTA's endowment to ensure the life of VTA's performing arts venues (Schuster Center, Victoria Theatre, Metropolitan Arts Center and the PNC Arts Annex). Annual draw from funds raised by The Next Stage Campaign will be used to take care of VTA's facilities today and in the future and provide spaces to inspire creativity and love for the arts for those who call the Miami Valley their home."
This annual meeting marks the end of Shaker's term as chair of the VTA Board of Trustees. Chris Wyse from Projects Unlimited, Inc. is assuming the role of Board Chair. Wyse has been on the board for several years and his company has a long history with VTA. In addition, a new member of the Board of Trustees was welcomed: Rodney Veal from Sinclair Community College & Think TV. Ty Sutton thanked Trustee and past Board Chair, Neil Freund of Freund, Freeze & Arnold, for his service as a Trustee and welcomed him into emeritus status.
Community Report Findings:
Victoria Theatre Association had an unaudited loss from operations of $730,000 (excludes Second & Main, Ltd.) on total revenues of $13.7 million for the fiscal year ending June 30, 2019. (This amount is updated as of 8.21.19.)
Based on a formula developed by the Americans for the Arts, the overall revenue of $13.7 million for the 2018-2019 fiscal year created an overall estimated $23.7 million economic impact for the Dayton Metro area.
The impressive sum represents the overall total dollars spent by VTA and its audiences, counting event-related spending by arts audiences including, but not limited to, ticket sales, restaurants, parking, merchandise sales and other expenses that revolve around attending and producing an arts event.
Highlights from the 2018-2019 Season included:
Additional information about these and other season highlights can be found in the Community Report, available for download at victoriatheatre.com/news or by calling 937-228-7591.
The 2018-2019 Victoria Theatre Association Board of Trustees Officers include: Chair, Martha Shaker (Concept Rehab, Inc.); Incoming Chair, Chris Wyse (Projects Unlimited, Inc.); Treasurer, David McGillivary (Brixey & Meyer); Secretary, Wendy Lewis (Logos @ Work, LLC.); Emeritus Chair, Neil Freund (Freund, Freeze and Arnold).
The Board of Trustees includes: Cassie B. Barlow, Ph.D. (Southwestern Ohio Council on Higher Education); Dave S. Dickerson (Miller-Valentine Group); Mark Keeton (Taylor Communications); Nick Lair (Premier Health); Albert W. Leland (Community Volunteer); Marla Schuster Nissan (Alan Roberts & Associates); Jean Raga (Sibcy Cline Realtors); John Rhodes (Emerson); Monte Salsman (Winsupply and the Win Family of Companies); and, Patti L. Stoll (PNC Bank).
Videos