Only three years after winning the Regional Tony Award, Theatre de la Jeune Lune announced that it will cease to exist. Board chair Bruce Neary cited more than $1 million of debt as the reason for the company’s closing.

When asked if the company ever mismanaged its money Neary replied the budget was simply not big enough to meet the needs of the theater.

“We’ve never had a revenue stream commensurate with the impact we’ve had on the community,” Neary said.

Neary says it’s a theater with a $1.5 million annual budget that never got the funding support it needed to thrive.

Um, no. The correct answer is “Yes. Yes, we mismanaged our money.” Unless Mr. Neary thinks that $1.5 million per year isn’t enough to produce great theatre, in which case he would be a stupid donkey-teeth face.

“If you go back to Jeune Lune as the new moon forming out of the old — maybe it’s time for that to rotate one more time,” he said.

Neary says the board is investigating ways to re-invent an agile, nomadic, entrepreneurial theatre that will create essential art for today’s changing audience.

That’s the spirit, Neary! Maybe you could really hit on something great…build a cutting-edge company from the ground up…gain a national reputation…climb your way to a million-dollar budget…secure a fantastic performance space…and get a chance to fuck it up all over again.

My fingers are crossed.

I’m not exactly sure what happened, but you can check out what didn’t happen — here’s a PDF of Jeune Lune’s Strategic Plan, which is dated 4/15/08.

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