Save Kenneth More Theatre
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This information was taken from the press release on the KMT Facebook page.
Following the complete loss of the subsidy from the Council 18 months ago, the Company, the charity that currently runs the Kenneth More Theatre, has worked hard to increase income and reduce costs. Despite this and making a profit of over £100,000 on this year’s pantomime, the costs of running the Theatre Building and putting on productions outstrip the income earned.
The Company met with the Council to explain the position in detail and the risks the Company faced. They provided copies of the accounts and requested a partial restoration of the subsidy for the next two years while they continue their work on fundraising development, increase diversity of productions and build up new audiences and numbers of people visiting the Theatre. As all Theatre performances are programmed in advance, a decision from the Council was requested by 13 March 2019.
The Company was told that the Council’s position on reinstating financial support to them would be reviewed, but to date the Company has not been given any information as to whether or not the Council would restore financial support.
Following a Board of Governors’ resolution at a General Meeting on Wednesday, 13 March 2019, the Company’s Board of Trustees made the regrettable decision that performances will cease, and no events will be programmed at the Kenneth More Theatre after the end of the next Season in July 2019.
The Company will be taking a hiatus to plan the next stage for its future.
Jeremy Smith, Chairman of the Board of Governors says “This will be a major blow to the local community and the Company’s supporters as the Theatre has been at the centre of the community for over 40 years providing much enjoyment to its audiences. It has been the starting point for so much talent that has been nurtured within the local community, a significant number of whom have gone on to have professional careers in the West End, both onstage and backstage; in addition, the amateur performing companies provide many young people with positive role models and opportunities for teamwork, within a creative hobby in a fully functioning, professionally resourced theatre.”
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