Why have Chicago's for-profit institutions been so hit? The main reason is their total revenue dependence. A big non-profit potentially can rely on its board members to bankroll it through these hard times, or can sweet talk its big donors. In some rare cases, endowments can be tapped. But that's not true of for-profit theaters, […]
SOURCE: ArtsJournal at 02:06PM on July 3, 2020