Guthrie Theater Ends Fiscal Year With Small Surplus

backstage.com: The Guthrie Theater, currently celebrating its 50th anniversary season in Minneapolis, Minn., ended its 2011-12 fiscal year in August with a small surplus, the theater reported at its annual meeting Dec. 17. The theater ended the year with a surplus of $67,395 on an operating budget of $28.9 million. That’s a relatively small number but it’s still about six times larger than last year’s budget surplus, according to TwinCities.com. And at a time when arts organizations across the country struggle for funding, it’s good news when one can show stability or even minor growth.