Florida Stage, a theater company operating out of the Kravis Center for the Performing Arts in West Palm Beach, has filed for Chapter 7 bankruptcy and will cease operations.
In a letter addressed to patrons of the theater that is posted on the company’s website, Producing Director Louis Tyrrell cites a decline in its subscriber base, ticket revenue, and donations that has led the Board of Trustees of Florida Stage to make this decision.
He goes on to state, “The history and impact of Florida Stage will live on as a legacy to Palm Beach County culture. The world-class artists who have graced our stage with their remarkable talents–from playwrights to actors, directors, designers, and the team of theatre professionals who are the true unsung heroes of the theatre–they will move on to create memorable theatre art wherever they go. And perhaps a new audience can be found and developed for the kind of thought-provoking new work for which Florida Stage has become renowned.”
For more information, click here.