Capital Theatres, Scotland’s largest theatre charity, has received £168,000 from The UK National Lottery’s Heritage Emergency Fund to support its three venues – Festival Theatre, King’s Theatre and The Studio, through the period of closure due to the pandemic. The funding is seen as vital in order to maintain the theatre buildings in a safe condition, and help cover essential costs such as electricity, gas, IT, insurance and maintenance of the theatres while closed. It will also help towards some element of staff salaries, helping to ensure the venues can safely reopen when allowed.
The sudden closure of the theatres has meant a devastating and immediate loss of income from ticket sales and trading – over 52,900 tickets, with a value of over £2.5m, have been refunded, and the postponement of the pantomime production to next year will result in a further £2.3m loss.
The National Lottery Heritage Fund has made £50million available to provide emergency funding for those most in need across the heritage sector. Currently closed to applications, the Fund’s work in supporting the sector can be found at: https://www.heritagefund.org.uk/responding-coronavirus-covid-19