Tony-Winning Theatre In The Red

The Children’s Theatre Company won a Tony and saw one of its plays go to Broadway. But the company still lost money this year. “The Minneapolis theater, which in 2003 advanced its production of ‘A Year With Frog and Toad’ to Broadway and won the Tony Award as outstanding regional theater, ended its fiscal year with an operating deficit of $350,000 on a budget of $15 million. It’s the first operating deficit in four years for CTC, and it came despite increases in attendance and contributions to the theater’s annual fund.”