APPLETON - The Fox Cities Performing Arts Center is looking to its future and it's asking for your help.
Tuesday, the PAC is launching a matching challenge to a $25 million endowment campaign.
Opened in 2002, the Fox Cities PAC has hosted some of the biggest Broadway shows. And to keep shows like the Lion King and others coming back, the 10-year-old facility will soon need some upgrades.
"When there is a new roof or you need new seats you have to make sure that you have a plan in place, so every piece of the building has its place on a schedule as to when we anticipate having to do a repair or replacement,” said Susan Stockton, Fox Cities PAC president.
To ensure there is money in the budget for the projects, the PAC last year announced its Keystone endowment fund. The goal is to raise $25 million to support the PAC for years to come. To date, $19 million has been raised. Now a group of community members have offered to match $1 for every $2 raised up to $2 million.
"That will give us the leverage we need, to raise the final four million dollars to get us to goal,” said Stockton.
With 10 years of performances and community events in the books, Stockton says now is the time to plan for the PAC's future. With several major scheduled upgrade projects coming due in the next few years and to prepare the PAC for the unexpected.
Stockton says the PAC has dipped into reserve funds in the past to fund operations during the recent rough economic times. She says the $25 million goal for the Keystone campaign is a recommended amount for performing arts centers its size. Stockton says she's confident the community will come through.
"People in Wisconsin like to get things done, so I know that we are going to get there and we hope this challenge will be the motivator that will get them to commit now,” said Stockton.
Keeping the arts alive for years to come
The PAC hopes to have the money raised by the end of its fiscal year next June.
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