Page 1

Annual Report 2016-17

SANTA BARBARA’S

Community Stage During the 2017 fiscal year, the Lobero Theatre Foundation continued to fulfill its mission to operate and maintain the historic Lobero Theatre as a performing arts center and cultural asset to the community, and to present the highest quality productions in music, dance st and theatre. Our focus, and foremost, is the building and its role in the community as a performance space for local arts and organizations. The stage was in use for 201 days with events ranging from a youth opera to screenings of local filmmakers, from thirdgrade jazz students to legendary artists like Graham Nash and Pat Metheny.

1

Lobero Presenting Partners


LOBERO LIVE 2

nd

YOUTH AND COMMUNITY OUTREACH This year we were pleased to distribute 1,233 complimentary tickets to students, families and seniors through social service agencies and schools. We also partnered with local music, dance and theater education programs to provide a professional stage experience for 967 students.

The focus of our mission is to present quality touring artists without creating undue competition for Santa Barbara’s local arts professionals. We do this through our Lobero LIVE series, which makes up 15% of the theatre’s activity and features jazz and other American roots music, family programming, and a collaborative dance residency. Last year brought Graham Nash, Arlo Guthrie, LA Guitar Quartet and Karla Bonoff, just to name a few.

RESOURCES & MANAGEMENT The past year saw growth in almost every area of the theatre’s operations. The stage was in use for 201 days, a 14% increase over the year prior. Fundraising was strong and we ended the year with a balanced budget, in addition to raising nearly $200,000 to accomplish a critical roof repair. Looking ahead at the new fiscal year, we foresee a growing cash reserve, a significantly increased endowment fund, and continued strength in programming. The Lobero Board of Directors has spent the past 20 years restoring and improving the theatre’s physical infrastructure, and is now committed to ensuring it’s long-term fiscal and programmatic vitality. The community’s partnership has been crucial in reaching this level of success.

INCOME

GIVE DAY Rental Operations:  Individual donors:  Programs & Presentations: Foundations/Government:  Board of Directors:  Corporate sponsors:  Lobero Theatre Associates:  Endowment interest: 

$928,200 (36%) $629,054 (24%) $588,629 (23%) $183,000 (7%) $110,851 (4%) $89,506 (3%) $40,755 (2%) $34,193 (1%)

EXPENSES

Rental Operations: Program expense: Employee costs:  Fundraising:  Management & General: 

This year the Lobero began a new tradition. GIVE DAY is our way to celebrate the original theatre’s birthday, February 22, 1873. Friends of the theatre shared their love on social media, and made gifts to show their support and say “Happy Birthday!” to a Santa Barbara icon. Our thanks to all who participated and shared their favorite Lobero memories. We’ll hope you’ll join us next GIVE DAY!

$985,480 (39%) $789,083 (31%) $569,550 (23%) $101,515 (4%) $71,022 (3%)

#LoberoGiveDay was a viral success! Dozens of Social Media postings across multiple platforms provided by an invested group of Lobero Digital Ambassadors. We estimate that the audience for Lobero Give Day was 100,000+. Give Day provided many new online donors, and provided $10K in gifts from 20 online donors


How YOU can help The Lobero Theatre Foundation was established as a 501c3 non-profit organization in 1938 to act as stewards for, and to raise funds to maintain and operate an important historic institution. As committed managers of this community treasure, we ask for your partnership. Those who love the theatre, attend its performances, and care about preserving its unique history are our best resource for ensuring that the Lobero Theatre remains a vibrant center for performing arts. If you’re passionate about jazz and American roots music, make a contribution to the Brubeck Circle to support outstanding performances and ongoing jazz music education in local schools. To make sure the Lobero remains an accessible stage and venue for young artists and low-income individuals, designate your gift to Youth & Community Outreach. A gift to our Lobero Fund supports all the great work that happens at the theatre, from outreach to performances to preservation of an important historic building. Consider naming the Lobero in your Estate Plan. A Legacy gift can be designated to one of our performance pillars (American Roots, Dance, Theatre, Classical Music or Youth Performances), or to the ongoing preservation of the iconic Lobero Theatre. We are happy to provide recognition during your lifetime with notification of your irrevocable planned gift.

Please consider making a commitment to the Lobero Theatre Foundation today. Make an online gift at Lobero.org or contact Brandon Mowery at 805.679.6009

Lobero Theatre Annual Report 2016-2017  

The Lobero Theatre Foundation explores the programs, events, and partners that made up the 2016-2017 fiscal year.

Advertisement