JUNEAU, Alaska — A regional
The management of Perseverance Theatre asked workers to reduce hours at the beginning of this month after cancelling its most recent production, the Juneau Empire reported last week.
The Douglas Island-based
"The first one we had reserves for, the second one is a little harder," Rotch said. "We've been working on ways to capitalize and finance that loss, and we're still doing that. So that's ultimately the root cause of our challenges, tight cash flow due to losses going back a couple years, which we're still working on capitalizing."
Rotch declined to say how many employees have been furloughed or the size of the debt. Perseverance Board President Joe Bedard could not immediately be reached for comment.
When asked if the
"To some extent, there's always a chance that an arts organization that's
The "short answer" for the cancellation is that the company did not have enough money to put the show on, Rotch said.
Perseverance Theatre expanded to Anchorage in 2014.
Information from: Juneau (Alaska) Empire, http://www.juneauempire.com
The Associated Press