Page 2 - March 2021 Newsletter
P. 2

FROM THE DIRECTOR
      FROM THE DIRECT                                                  OR





      A YEAR IN REVIEW










          Here at the Egyptian Theatre we love to                     Our monthly minimum costs to keep the lights
          celebrate the 90+ years of history.  This past year         on and our organization operating, averages
          has added a whole new chapter to the history of             $ 25,000/MONTH
                                                                      $ 25,000/MONTH.  With little to no revenue
          the Egyptian.  A chapter we would have rather not           since March 2020, we have been working hard
          had to endure but hopefully one that will cement            to apply for grants and fundraise to keep the
          the resiliency and importance of the Egyptian for           Egyptian Theatre alive through this pandemic.
          generations to come.

                                                                            -
          March 12, 2020 our world was turned upside                  COVID 19 Relief Funding received to date:
          down.  That evening, Illinois Governor Pritzker             PPP (round one) $50,967$50,967
          announced public mitigation measures in                                                      $8,000
          response to COVID-19 that caused us to have to              SBA disaster assistance advance $8,000
          close down.  We were in the middle of the final             SBA EIDL Loan
                                                                      $150,000 (has to be paid back starting May 2021)
          rehearsal for the Beth Fowler Dance Company’s               $1 50,000 (has t o b e p aid bac k st ar ting Ma y 202 1)
          production of The Wizard of Oz & Swan Lake.                 Landmarks Illinois COVID relief grant
          They were scheduled to have four performances               $2,000
                                                                      $2,000
          that weekend.  Those performances along with
          many others were rescheduled or canceled.  At               Illinois Humanities COVID relief grant
                                                                      $7,500
          the time, we all thought this would be a relatively         $7 ,500
          short inconvenience and we would be back to                 Northwestern Medicine COVID PPE grant
          normal in a month or few months time.  Sadly,               $1 ,000
                                                                      $1,000
          that was not the case.
                                                                      DCCF COVID relief grant (3rd round)
                                                                      $5,000
          Now almost a year later, we have learned a lot,             $5,000
          endured so many challenges, and persevered                  State of Illinois Business Interruption
          through one of the most challenging times in our            grant (BIG)
          history.                                                    $55,000
                                                                      $55,000
          Here is the grim reality of the impact to the               Farny R. Wurlitzer Foundation
          Egyptian Theatre from COVID-19 thus far:                    COVID relief grant
                                                                      $30,000
          March 13, 2020 - December 31, 2020                          $30,000
                                                                      Egyptian Theatre COVID relief fundraiser
          110 events impacted                                         (July 2020)
                                                                      $2
                                                                             1
                                                                         4,32
                                                                      $24,321
          21 community groups that would have                         NIVA Emergency Relief Fund
              had events here impacted                                $20,000
                                                                      $20,000
          32,000 estimated attendance loss                            Egyptian Theatre 91st Birthday Club
          $ $600,000 total financial impact                           fundraiser
                                                                      $1 2,0 75
                                                                      $12,075
                                                                      ( Continued    )
   1   2   3   4   5   6   7