Tuesday, March 28, 2006

roanoke.com - Extra stories- Jefferson Center faces 'cash flow obstacle'

roanoke.com - Extra stories- Jefferson Center faces 'cash flow obstacle': "Jefferson Center faces 'cash flow obstacle'

* Arts and Culture

By Kevin Kittredge | 981-3323

At first blush, many a Roanoke nonprofit might wish they were Jefferson Center.

Rent from some 20 tenants, fees for the use of Shaftman Performance Hall and the center's own highly popular concert series all add up to what so many nonprofits lack: income. Add a rabid donor base, which contributed mightily in the 1990s to give the former high school a second lease on life, and you might guess times were good at 541 Luck Ave. S.W.

And you'd be wrong. Jefferson Center faces a whopping $400,000 shortfall in its $1.7 million budget for the year, executive director James 'Bau' Graves revealed last week.

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