Future looks bright at the Marigold, says executive director

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TRURO – Truro politicians are pleased to hear after substantial funding to the Marigold Culture Centre, the site is reporting a positive turnaround. 

Al Rosen, executive director of the Marigold Cultural Centre, made a presentation to Truro town council on Monday, with the help of the Marigold’s development manager Lori Holman. Rosen said a profit is expected for the 2015 fiscal year. Monique Chiasson – Truro Daily News

The centre’s executive director, Al Rosen, made a presentation to Truro town council on Monday, citing improvements in funds, and activities and goals to help the centre become more financially stable.

“I’m optimistic; we are growing,” Rosen told council.

“We are not in the red; now the cash flow is good,” he told the Truro Daily News.

In 2012, the Marigold had a deficit of more than $49,000. More recently, it

required $90,000 from the town to help with rent and tax issues. Thanks to that funding, 2014 financial figures, provided by Rosen at council yesterday, indicate a $31,173 profit. The forecast for 2015, Rosen said, is a profit of more than $96,000.

Rosen said many new initiatives have been, and will be, brought in to help the centre financially.

“We are working on more rentals … and we want to do more current

events,” he said.

More diversity is being offered as well, such as Spanish speaking lessons, and the goal is to provide culinary opportunities, oil and pastel classes and maybe even makeup classes.

“We are coming up with more ways to generate sales,” said Rosen, adding selling Christmas CDs, being associated with Ticketpro, setting up corporate sponsorship seat packages and memberships, offering subscriptions and coat check services are other revenue-generators.

The centre is also investigating bringing in mobile art exhibits, in a way to hopefully generate more revenue related to art sales.

The number of shows is also on the rise, said Rosen. He said in 2014, there were 77 shows offered and it’s anticipated there will be 95 next year.

Town councillors were pleased with the report.

“I was waiting for a request for money,” said Coun. Tom Chisholm. “It’s great to see (the centre) being run well.”

Added Coun. Greg MacArthur, “it’s so good you are making a profit. We didn’t waste our money … I think there’s a great future for this in Truro.”

 

mchiasson@trurodaily.com

Twitter: tdnMonique

Organizations: Truro town council, Truro Daily News

Geographic location: Truro

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