Baltimore offers $320,000 to keep Senator open as a nonprofit
posted by Michael Zoldessy on January 30, 2009 at 10:00 am
BALTIMORE, MD — The city of Baltimore is offering up money to keep the Senator Theatre going, but the owner will have to turn it into a nonprofit.
Not wanting to see the Senator Theatre closed on their watch, city officials are offering $320,000 to keep it open – provided the 70-year-old movie house is turned into a nonprofit business.
“The Senator Theatre is a Baltimore icon,” Deputy Baltimore Mayor Andrew Frank said yesterday. “It’s ingrained in the psychology of Baltimore. … Its closing would be felt in ways that would be manifest throughout the community.”
Read more in the Baltimore Sun.
What a shame………………
Let’s all wish the Senator the BEST.
Hoooray! Whether its a losing business for-profit, or break-even non-for-profit, its good the theater will stay open. I’m looking forward to watching movie blockbusters and other fare there this summer season.
Although I don’t reside in the Baltimore area, I, too wish the Senator Theatre and its staff the best in keeping it open.
Why can’t the city give the “no-interst loan” without the demand for the theatre be turned over to a nonprofit. Doesn’t the city fund economic development projects? This seems a bit wacky.
JodarMF shouldn’t cheer just yet. This is far from a done deal and even if granted is not necessarily a long-term solution.