Annual Report

Download the 2010-2011 Skylight Annual Report

A Message from the Managing Director

This has been a year of great excitement, artistic success and continued, impactful involvement in our community, particularly in our challenged MPS partner schools. Undoubtedly, it all has been made possible through the support of loyal patrons and donors like you. Of course, as quickly as one season comes to an end, we are already hard at work gearing up for the new season ahead and, in fact, planning future seasons to come.

Our financial position for 2010-11 will, in total, reflect an increase in total net assets of approximately $30,000. Our donors made a huge difference in our results by meeting

a $150,000 challenge and donating at a level that is the second highest in Skylight history! Ticket sales continued to be our primary challenge and we fell short of our earned revenue goals in 2010-11. As a result, our internal net operating result for the year reflects a $160,000 deficit. However, because of our ongoing debt reduction program and disciplined approach to budgeting, this deficit does not include over $40,000 of UPAF funding or the approximately $90,000 in distributions from our endowment investments. By including these revenues, the overall organizational deficit is only $30,000. Not a bad result in a year in which the wider economic challenges continue to be felt in our community.

I am delighted to welcome Bill Theisen back full time as Skylight’s Artistic Director through the 2012-13 season. I am so pleased to be working with a wonderful partner like Bill for the remainder of his tenure. At the same time, I am pleased to report that we have a new committee in place for the exciting process of selecting Skylight’s next Artistic Director. It is such a wonderful opportunity to have the time to work through this process to select the best person to carry on the wonderful, artistic work that Bill and his predecessors have created throughout Skylight’s history.

My first full season as Managing Director has been both challenging and deeply satisfying. I would like to thank all our faithful patrons, generous donors, committed board members and advocates and talented staff for their support. It is a pleasure to be at the helm of such an amazing organization — an organization that has been so important to me personally and professionally for the past sixteen years. I am in constant awe of the talent and dedication of everyone on our stage, in our shops and in our administrative offices. Our upcoming season is full of wonderful productions, educational outreach, special events, and most importantly — the “you” factor. Because Skylight is nothing without you.

See you at the theatre!

AMY S. JENSEN

Managing Director