2019 – A Year In Review!

Dear  NPAC Supporters,

Warmest thanks to all of you who contributed to the Newport Performing Arts Center’s Annual Fund last year. With your support, the Board of Directors focused on conducting a serious and thorough due diligence in preparation for the next phase of the project. This work has led us to engage in exploring ways in which NPAC can begin to operate as a venue for performance even as restoration construction continues.

While our Capital fundraising is ongoing, it is the Annual Fund which fuels the engine that drives this ambitious community enterprise. Your continuous support allows us to keep moving forward.

With Phase I of the project, the historic Opera House Theater was saved and stabilized. Now you can help us to realize NPAC’s role as a catalyzing force in Newport’s year- round arts and cultural vitality. Our efforts this past year have resulted in more pragmatic financial projections, a detailed business plan, and a market study that validated the economic sustainability and market demand of the Newport Performing Arts Center which you and we have always recognized.

Here are some highlights from 2019:

  • Veteran entertainment executives/producers/managers, Ed Richardson and Michael Lehman, have joined the team as general management.
  • We are in ongoing talks with national and regional promoters and are building pre-awareness about the Opera House Theater with key strategic partners.
  • NPAC is finalizing partnerships with leading arts organizations within Rhode Island.
  • We are also very excited to be partnering with Rhode Island Public Radio, which will be opening a Newport news bureau in NPAC’s offices on Touro Street.
  • I am pleased to welcome two new board members with extensive marketing experience to the team: Tesa van Munching, board member of Salve University and former executive at Tiffany Boston, and Lauren Flaherty, former chief marketing officer for global technology corporations including CA Technologies, Juniper Networks, and IBM.

We owe a debt of gratitude to our state representatives, particularly Dawn Euer, Deb Ruggiero, Terri Cortvriend, and Marvin Abney for leading the effort to extend our eligibility for state historic tax credits for three more years which allows us to obtain up to $3 million of tax credits when the restoration project is complete.

The Newport Performing Arts Center’s 700-seat Opera House Theater will be a vibrant cultural center and     year-round, live performance space. The market survey data supporting the opportunity is overwhelming: 

  •  7 in 10 residents surveyed leave the island for entertainment.
  • 9 in 10 respondents to our survey identified arts and culture in Newport as essential to quality of life.

As an anchor institution in the community, NPAC belongs to all of us. The Opera House Theater is your stage and your support of the Annual Fund sustains this community endeavor up to and beyond its opening, and for years to come.

We are deeply grateful for your support.

With thanks and best wishes,

John H. Cratin, III

Chair, Board of Directors

Newport Performing Arts Center

P.S. – Don’t forget to ask your employer if they participate in a corporate matching gift program!

Employer Match info: Newport Performing Arts Center

EIN (Tax ID): 05-0514456

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