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Financially Troubled Ventura County Theater Group Raises Enough Money To Keep The Lights On

Posted on Friday, August 1, 2014 1:32pm

A financially troubled theater company in Ventura County didn’t meet its August 1st fundraising goal, but it did well enough that it won’t fold, and will move ahead with a new season.

Cabrillo Music Theater was trying to raise $250,000 in an emergency fundraising effort.

Cabrillo officials said if they didn’t raise at least $200,000 of the goal by today, they would cancel the upcoming season, and return all pledges.

But, as of this afternoon, they had $211,000 committed.

Cabrillo officials say while they’ve raised enough to move ahead with a new season, they do need to reach the full goal, because of a drop in season ticket subscriptions, and rising theater costs.

There is a dance marathon fundraiser taking place tonight, and a fundraiser by Cabrillo alumni taking place in New York City Monday night.

The two decade old Thousand Oaks theater company is known for presenting classic, and cutting edge musicals.

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