17:00 to 18:00 GMT (London Time)
LIVE THEATRE, NEWCASTLE-UPON-TYNE, UK
Chief executive Jim Beirne (MBE, FRSA, Dr Litt. (hons)) will outline the theatre's longstanding plans to operate in a context of reduced city council financial support. Three of the theatre's social enterprises are up and running: a small but highly-successful online playwright course, an office development, and a gastropub. The fourth enterprise is a large property development – with the City Council as lender rather than grant-maker.
https://www.live.org.uk/
HENNEPIN THEATRE TRUST, MINNEAPOLIS, USA
Tom Hoch, President and CEO of Hennepin Theatre Trust, will outline how the city government bought three historic theaters that were either closed or moribund, and pulled them back into the public sector fold with a view to improving them. To pay for the investment, the city issued bonds. It has since fulfilled its intention of putting the theaters in the hands of a non-profit, the Hennepin Theatre Trust. The Trust is continuing to operate and program the theaters and repay city investment, whereupon it will then own them outright. Tom will also touch on the Trust's role in Minneapolis's emerging Cultural District.
https://hennepintheatretrust.org/
About The New Barn-Raising
The New Barn-Raising is an initiative to encourage the exchange of international best practice around sustaining community and civic assets such as parks, recreation centers, libraries, neighborhood stores, senior centers, museums and theaters. These are places and spaces characterized by a high degree of accessibility, popularity and sense of belonging to 'the people'.
The term New Barn-Raising refers to how different groups (business, citizens, foundations, non-profits groups, politicians, social entrepreneurs, social investors, taxpayers and unions) can all pull together to support assets.
