Well, this is probably our must-read article for today. From the WaPo:
Nonprofit theaters experienced robust growth and "general financial stability" from 1990 to 2005, even as audiences for nonmusical productions were declining, according to a report from the National Endowment for the Arts. However, the study, which is being released today, does not reflect the current economic downturn, which has resulted in staff cuts and closed doors for some theater companies.
I know of at least three theaters in New York and four theaters in DC that are laying off staff, so I understand that the immediate relevance of the study is somewhat limited. At the same time, understanding what happened over the last fifteen years with nonprofit theater in America is extremely important if we are to understand how to make it better.