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Shakespeare’s Globe reports £21m turnover in 2013

The inside of Shakespeare's Globe's open-air theatre. Photo: John Haynes
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Shakespeare’s Globe in London has revealed a turnover of £21 million in 2013, up nearly 6% on the previous year.

In its annual review, the organisation claims it generated a surplus of nearly £3.7 million in the year ending October 31, 2013, compared to 2012’s £3.2 million surplus.

Performances of its core Shakespeare plays – The Tempest, A Midsummer Night’s Dream and Macbeth – in its open-air auditorium season from April to October played to 96% capacity.

Meanwhile, new plays had an average of 71% audience capacity. In total, the venue staged or hosted 283 performances.

The Globe Education programme’s public events saw a 45% increase in participants, while surplus growth in retail and catering was up 41%. There was also a 21% increase in visitors for exhibitions and tours.

Funds totalling £7.3 million were raised for the new indoor Sam Wanamaker Playhouse – just £200,000 short of its £7.5 million target.

Away from its main South Bank base, the Globe’s West End transfer of Richard III and Twelfth Night to the Apollo Theatre attracted 83,000 audience members.

Neil Constable, chief executive of the Globe, said: “We are delighted that more than a million [people] experience Shakespeare through the activities of Shakespeare’s Globe [every year]. Its pre-eminent role in presenting Shakespeare will be enhanced by our major achievement of 2013, the completion of the Sam Wanamaker Playhouse, realising our founder’s vision for an indoor Jacobean theatre on site.”

 

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