This Newcastle theatre is using our loan to make the most of its capital assets and launch a new commercial hospitality venture.
Who are we investing in?
Live Theatre in Newcastle upon Tyne is recognised as a leading UK producer of new writing for theatre, and for nurturing new writing, acting and design talent.
It has a high profile list of alumni including playwrights Lee Hall, Tom Hadaway, and Alan Plater; actors Trevor Fox and Robson Green and critically-acclaimed productions including Our Ladies of Perpetual Succour, The Pitmen Painters and A Northern Odyssey.
Live Theatre’s strong outreach and educational programme helps to improve the confidence and literacy of young people and raise their aspirations through drama workshops in schools, a 500-member strong youth theatre, productions by, with and from children and young people, and its newest venture, Live Tales, a children and young people’s writing centre.
What are we investing in?
Live Theatre approached the Arts Impact Fund for a £600,000 loan that will allow the company to refurbish a dilapidated Grade II listed building on one of Newcastle’s premier waterfront sites and convert it for restaurant use, making the most out of the asset.
While grants still comprise the single biggest category of income, diversifying its revenue streams will help Live Theatre gain greater financial resilience and become more impactful. The income generated from the restaurant venture will go towards supporting the theatre’s core participation and educational activities.
Read the full case study on Live Theatre on the Arts Impact Fund website.