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Thursday, March 17, 2022
BROADWAY NONPROFIT COFFERS SWELLED DURING SHUTDOWN
broadwayjournal.com: What started as an existential crisis for Broadway’s nonprofit producers turned into an unexpected windfall.
Thanks to a resurgent but fickle stock market, insurance payouts, cost-cutting and emergency grants from the federal government and foundations in response to Covid-19, Lincoln Center Theater and Roundabout Theatre Co. emerged from the 18-month industry shutdown wealthier than when they entered it.
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