IN ITS FOURTH YEAR, DR. PHILLIPS CENTER POSTS DOUBLE-DIGIT GROWTH IN OPERATING REVENUE


— Arts Center Also Grew Attendance, Performances and Community Support, and Received Venue Excellence and Service Awards — 

— International Venue Excellence Award Spotlighted Center’s  Operational Acumen — 

ORLANDO, Fla. (October 26, 2018) — From July 2017 to June 2018, the Dr. Phillips Center for the Performing Arts experienced a 10 percent, year-over-year increase in operating revenue earned from the shows and events it presents. The strong results cap four years of growth in operating revenue, now up 48 percent since the arts center opened in November 2014. 

“It’s remarkable for a start-up to achieve such strong financial results,” said Jim Pugh, chair of the Dr. Phillips Center, and chair and CEO of Epoch Residential. 

“The operating team has essentially gone from zero to 60 in two seconds flat,” he said. “They’ve hit their targets and grown revenue each and every year, and are truly delivering on their core community mission. As a board, we are pleased and proud of their accomplishments.”

A newly released annual report available at drphillipscenter.org/pressroom, outlines the arts center’s 2017/2018 fiscal year, during which the team: 

  1. raised $7.9 million in corporate and private donations, which includes $4.8 million for the construction of Steinmetz Hall and The Green Room, and $3.1 million for the arts center’s annual fund;

  2. presented 440 total performances, including 130 local arts and community events that featured 14 genres and 16 different languages;  

  3. hosted 634,000 guests, marking the fourth straight year of attendance growth; 

  4. contributed $3 million in value to the community by off-setting rental fees for community arts groups; delivering educational programming in schools and through the Florida Hospital School of the Arts; awarding student scholarships; and providing discounted tickets to students, veterans and not-for-profit groups;  

  5. activated more than 300 volunteers who, as docents, ushers and guest service representatives, ga