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Nov 2 1 1990 <br />DRAFT TROPOSAL <br />THE &DTSCENTDR SHORT-TERM BUSINESS PLAN <br />16 November I990 <br />SHORT-TERM BUSINESS PLAN <br />The ArtsCenter was founded in 1974, and has prqvided the <br />community with concerts, educational programs +or adults and <br />wildren, theatre and just plain enjoyment to the general <br />community. The ArtsCenter is now at a critical point in its <br />exastence. This plan is written as if we are begining a new <br />business, which in effect, we Are. <br />The center` needs an infusion of capital for two purposes: 1) <br />continuation of the current operation and; 2) elzmination of <br />past debt. <br />If we treat the organization as a new business, we can <br />consider the past aebt as part of the start-up cf a new <br />operation. Therefore, the budgets in this plan reflect only <br />current fiscal year operations. <br />All p.'oductions, olasses, performances and offerings of The <br />ArtsCenter will be approved by management before contracts <br />are approved. <br />All ticket sales in the attached budgets and/or referred to <br />in this l a n are based on actual experience from l July 1990 <br />through �0September 1990. We used these first quartsr <br />figures even though they are lower than usual in order tc <br />project a conservative budget. <br />