In a joint letter to stakeholders, president of Capital Rep’s Board of Trustees Jim Morrill and resident of Proctors Board of Directors Rick Carlstrom announced that the two Capital Region arts groups have entered into a management services agreement aimed at increasing efficiencies, reducing duplication, improving Capital Rep’s financial prospects and increasing its artistic opportunities – while enabling Proctors to continue to develop a more regional vision.
According to the letter, effective immediately Proctors will assume management of Capital Rep’s administrative functions — including ticketing, finance, marketing, development, education programming and group sales.
“Like other arts organizations, Capital Rep has lost its municipal support, experienced declines in private giving and recorded losses along the way,” the letter explains. “For the past year, it has been clear to both of us that a new paradigm was needed to ensure that excellent professional theater plays a role in the future of our region.”
Capital Rep will continue to operate as an independent organization at its current theater in downtown Albany. It will maintain its own Board and artistic leadership. Likewise, Proctors will continue to operate with its own Board and administrative leadership.
“This is a big step for our organizations…,” the letter said. “For the many supporters of both organizations, [this] means that… continued support will be as critical to the future of Capital Rep and to Proctors as it ever has been. And now, you can have even more confidence that we are being efficient and responsible with that support.”