KEEP THE MAGIC ALIVE
As of 2018, ticket sales and rentals of the Capitol Theater complex do not cover all of the operational costs and annual loan service on the previous renovation. Current debt sits at about $780,000. The Capitol Theater decided in June 2018 to conduct a fundraising campaign to secure funding to eliminate the debt, allowing future income to cover operational expenses, and to enhance the first floor and renovate the second floor of the Annex to provide more usable space.
Since the renovation of the Theater and Annex in 2012, the Capitol Theater complex has provided a magical place for people to gather and connect, enjoying movies, comedians and live performances. The Board realizes the Capitol Theater needs to continue to evolve to stay current and to meet operating expenses. To become more self-sufficient requires us to expand our reach to a larger demographic. First, we need to pay off our building loan to free up future income to support the daily operations of the theater. Second, we need to create more usable spaces and broaden the functionality in our complex to provide increased opportunities for more people to use this jewel, the Capitol Theater complex.
The goal of the Keep the Magic Alive campaign is to free the Capitol Theater from debt and to offer patrons:
A Black Box Theater in the Annex second floor for:
performing arts students from SCC and local K-12 schools to learn and perform in a working theater space
a Comedy Club
a Dinner Theater
Open Mic Poetry/Storytelling/Other events
a Jazz bar and/or Speak Easy
Reconfigured spaces on the second floor of the Annex for:
a multi-purpose rehearsal/classroom
a sound equipment room
soundproof practice rooms
An enhanced Kitchen in the Annex first floor for:
catering space for Capitol Theater renters
preparing food for the Dinner Theater
WAYS TO GIVE
In order to meet the needs of our residents, the Capitol Theater encourages charitable giving by individuals,
corporations, foundations and service organizations. Ways to give include, but are not limited to the following:
To donate materials or equipment to be used in renovating and equipping the Annex and related Capitol theater spaces, you may start by contacting Tammy McCoy. Examples include building materials, paint, tools, rehearsal room keyboards and labor to clean out, prep and renovate.
If your employer, or your spouse’s employer, has a program that matches all or a part of qualifying donations, you can double or even triple the value of your gift to the Capitol Theater Foundation. Check with your HR department to see if your employer matches gifts.
MEMORIAL AND HONOR GIFTS
To honor a loved one in a lasting way, memorial or honor contributions may be sent to the Capitol Theater Foundation in his/her name. We will assist you in tracking and acknowledging these caring remembrances.
STOCKS, REAL ESTATE AND GIFTS OF
The Capitol Theater Foundation welcomes gifts of appreciated stocks and securities, real estate and personal property. We would be glad to assist with these types of donations.
The Capitol Theater staff would be happy to talk with you about the many ways you can leave a legacy through charitable gift plans that benefit students and communities after your lifetime. There are numerous giving options that can be tailored to meet your financial and charitable intent.
When you make a multi-year pledge commitment to the Foundation, it helps to sustain funding for the programs and services the Capitol Theater provides to students and communities. Pledges can be made up to five years.