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THE ILLINOIS
THEATRE CONSERVATORY
What is the purpose of the
Illinois Theatre Conservatory?
To educate, train and inspire young performing artists for a career
in musical Theatre. The curriculum is administered through a
conservatory-style program, a practical rather than strictly
academic approach, wherein the students are completely immersed in
the art form. Mentored by professionals in the industry and working
in and around an established regional company, students emerge from
the program with a proven working knowledge of the musical Theatre
business and the tools necessary to launch a career in the
performing arts.
How will a college for
musical Theatre be an asset for North Central Illinois?
The Illinois Theatre Conservatory will attract vital, creative
artists as both students and faculty, who will become contributing
members to our community. The productions and presentations of the
college will add cultural depth and economic strength. Studies show
that cities with institutions of higher learning are more
attractive, stimulating and fulfilling places to live.
Who will attend this
college?
Young performing artists from around the country who demonstrate
considerable talent and dedication to the art form will be
considered for admission to the program
How will it be funded?
Startup funds for the Illinois Theatre Conservatory will be provided
in large part by the proceeds of the “Setting the Stage” community
campaign.
Do you have a business
plan for the Illinois Theatre Conservatory?
Yes. With assistance and input from the Small Business
Administration office at Illinois Valley Community College, we
developed a detailed business plan for opening the conservatory.
It has been reviewed by several business and bank officials and
continues to be updated and refined as we progress.
What will provide the
primary income for the Illinois Theatre Conservatory?
Once up and running, the college will be funded by tuition proceeds,
scholarships, ticket sales from theatrical productions and grants.
As a private college, it will receive absolutely no revenue from
public taxes.
Will college credits
earned be transferable in the event students decide to pursue a
four-year degree?
Yes. We have worked closely with Illinois Valley Community College
to allow students to earn transferable college credits as part of
their curriculum.
Why is the Princeton
Theatre Group conducting a community campaign?
To raise the funds necessary to create the facilities for the
Illinois Theatre Conservatory in the former Bureau County Republican
building, and fund the startup costs and first year operating
deficit of the college.
What is the goal of the
campaign and how will my gift be used?
The challenge goal we have set for ourselves is $750,000. The first
portion of the campaign proceeds (approximately $550,000) will pay
for the renovation costs of the facility. The remainder of the
proceeds will be used as startup funds.
Are gifts to the
Princeton Theatre Group tax deductible?
Yes. As stated before, the Princeton Theatre Group is a 501©3
nonprofit organization in good standing with the State of Illinois.
In addition, we are not funded in any way by taxing bodies. All of
our annual revenue is raised through ticket sales and fundraising.
How have you assessed
the possibility of reaching a major goal for the “Setting the Stage”
campaign?
In late spring of 2007, we hired Jackson & Associates, Inc. a
recognized authority and fundraising consultant, to conduct a
feasibility study on our behalf to explore the possibility of
success in this campaign. The study indicated that we would be
successful in achieving our major goal. Subsequently, we hired
Jackson & Associates, Inc. to direct this campaign
Aside from the
educational benefits to the students, what other benefits do you
anticipate?
First, the college will create 15-20 new jobs. Next, fifty or more
students plus faculty and staff living and working in downtown
Princeton will have a considerable positive economic impact on the
community. Additionally, the presence of constant live Theatre being
available to everyone will have significant cultural impact. And,
finally, a burgeoning reputation for excellence in the performing
arts will only help this region’s tourism.
What types of gifts will
be accepted?
We will accept cash, pledges, in-kind donations, planned and
deferred giving, gifts of stock and investments and grants.
How will donors be
recognized?
Donors will be acknowledged with naming opportunities and plaques
inside the finished facility.
Are memorial gifts
available?
Yes. Naming opportunities will be available throughout the building
as well as the building itself.
Who should I call to
express my interest in the “Setting the Stage” campaign?
You may contact the Festival Center
815/879-5656
x13,
or the Campaign Administrative Assistant, Ruby Sneed
815/875-8400 |