London’s Finborough Theatre has warned its future is in danger, as the venue is making a “huge loss” because of its closure due to the coronavirus pandemic.
A statement from the Finborough said that, even with emergency government support measures for businesses, the venue will make a “huge loss” over the closure period, as it has lost 98% of its income.
The statement added: “If (as looks increasingly likely), we are forced to stay closed beyond the end of May, we – together with many venues like ours and the artists who make them possible – will be confronted with desperate financial hardship.
“The future of the Finborough Theatre is in danger and we need your support to continue producing excellent and unique theatre for another 40 years.”
Artistic director Neil McPherson said: “In what was an already challenging time for theatres like ours, the pandemic might well be the end for us and many others theatres of our type so any help that anyone can provide would be greatly appreciated – think of it as a 40th birthday present.”
The Finborough has also extended the deadline for its ETPEP Award for emerging playwrights until June 30. The prize money will also be distributed more widely: first prize will now be £6,000, with 10 runner-up prizes of £300 each.