Ensure Our Financial Sustainability
Round House starts the Full Circle campaign with a stable, debt-free financial foundation. To ensure the success of this campaign and our long-term sustainability, we will build our operating reserve to cover three months of expenses and boost our working capital. This will allow us to manage the unique cash flow cycle of a producing theatre, which includes the spring inflow of subscription revenue, calendar and fiscal year-end donations, and the peaks and valleys of production expenditures.
In addition, we are upgrading equipment and technology in our Education Center and will fund all planned capital upgrades and repairs for our Bethesda theatre through 2022.