Tuesday 28 February 2017

'Nidge' factor helps theatre to best profit since 2007

Gordon Deegan

Tom Vaughan-Lawlor as Nidge in 'Love/Hate'
Tom Vaughan-Lawlor as Nidge in 'Love/Hate'

Nidge actor Tom Vaughan Lawlor helped the Abbey Theatre to its most profitable year since 2007, enjoying profits of €1m.

The theatre described last year's 'Our Few and Evil Days' starring the 'Love/Hate' star as a "sell-out sensation". It helped the Abbey increase its box office performance by 25pc from €1.93m to €2.42m.

A spokeswoman said that the box office performance was the best at the theatre since 2011 while its profit of €991,449 was the best since 2007.

However, Nidge's 'Our Few and Evil Days' wasn't the best performer at the box office, as this was 'Sive' by John B Keane, directed by Conall Morrison.

The jump in box office receipts, along with touring revenues increasing more than ninefold to €397,103, contributed to revenues of €4.4m at the Abbey while it also received an additional €6.6m in grants,

Loss

However, in 2015, the spokeswoman said that the Abbey is projecting to record a loss.

She said: "The Abbey Theatre is reinvesting a substantial amount of the accumulated surplus earned in previous years (2013 and 2014) into the programme of activity for 2015. This decision was made in order to maintain the level of activity at as high a level as possible in 2015. This will result in the Abbey Theatre recording a deficit for the financial year ending 31 December in 2015."

The Abbey had accumulated profits of €1.76m at the end of last year.

Director of the Abbey, Fiach MacConghail's salary last year decreased marginally to €120,030 including a pension contribution of €12,857.

Irish Independent

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