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Grand Theatre ends fiscal year with $65K deficit. It could have been worse, officials say.

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coronavirus pandemic.Instead, the addition of performance disruption coverage, an adjustment made just months before COVID-19 could be declared a global pandemic, resulted in the theatre’s first operating deficit in 21 years amounting to $65,348.While the difference is substantial, a deficit is still a deficit.“I think the only thing that might make it acceptable is the size of it, and that it is a $65,000 deficit and not one that’s over half a million dollars,” said Deb Harvey, the theatre’s executive director, who announced the deficit on Monday during the Grand’s virtual 2019/20 Annual General Meeting.“Our ticket sales are down to $2.7 million, they were $4.3 (million) last year.

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