A popular southern Ontario theatre festival is the latest to speak up about its financial woes, joining several other high profile arts organizations trying to navigate unprecedented fiscal challenges.
The Shaw Festival in Niagara-on-the-Lake ended the 2023 season with an operating deficit of $5.7 million, despite seeing its largest-ever level of operating revenue and its best-ever fundraising year.
“The Shaw was not immune to the issues that plagued the theatre and tourism industries throughout the pandemic and through 2023,” treasurer Greg Prince wrote in a statement.