The Colorado Shakespeare Festival is a popular tradition in Boulder. However, the festival fell into financial troubles in 2007 to 2009 when it was about $950,000 in the red.
The money troubles forced the University of Colorado at Boulder’s College of Arts and Sciences to step in and provide financial help to keep the festival on steady footing. Organizers of the Colorado Shakespeare Festival blamed the money troubles on revenue it lost during those summers because they were outdoor shows and people were scared off by the West Nile Virus, plus heavy rainfall that summer and recessionary woes that hampered people from coming to see the shows.
The Colorado Shakespeare Festival broke even in the summer of 2010. It appears as though the Summer 2011 results have sales about 1 percent ahead of where they were in 2010.
Final budgeting figures won’t be available until the end of 2011 – when the festival wraps up its holiday shows that it is running.
The 2011 holiday season will feature “It’s a Wonderful Life: A Live Radio Play,” during the holiday season. The show will wrap up on Dec. 31.