Carolina Theatre Erases Accumulated Net Deficit of $1.7 Million

Carolina Theatre of Durham

Carolina Theatre of Durham, Inc., the nonprofit that operates the historic venue in downtown Durham, has entirely erased an estimated $1.7 million net deficit. Carolina Theatre of Durham, Inc. reported an accumulated net surplus of nearly $200,000 at a meeting of its Board of Trustees on July 25. The financial report, which is preliminary and unaudited, includes operations through June 30, 2017, the end of the organization’s fiscal year.

Carolina Theatre Stages Comeback


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