Shock over the possibility that the Center Theatre could soon close if it isn’t able to resolve a budget shortfall continued to reverberate through Burbank this week, but city officials said there’s little they can do in the way of financial assistance.
The 37-year-old Burbank company has run out of money and needs to raise $49,000 in the next two weeks and $500,000 by the end of the calendar year in order to remain open, operators announced this past weekend. The Colony, which produces contemporary and classic plays and musicals, operates a 268-seat theater in the Burbank Town Center mall.
In the past two years, the Colony has seen a significant drop in attendance, which has been “the root of all these problems,” said Trent Steelman, the company's executive director, told The Times.
The sudden news of the company’s plight took many aback.
“I was shocked — I had no idea,” said Vice Mayor Emily Gabel-Luddy. “It’s very sad news.”