Financial Model for Gloucester Art Performance Center

The Field Lab partnered with the City of Gloucester and state legislative leaders to examine the financial characteristics of a proposed cultural and civic center in the city.

Project Partner

City of Gloucester
State Representative Ann-Margaret Ferrante
State Senator Bruce Tarr
Mayor Sefatia Romeo Theken

Project Summary

Students worked with public officials and local stakeholders to analyze expected demand, revenue assumptions, and operating costs associated with a proposed multi-use performance and event facility.

Areas of Focus

The team examined demand projections, revenue and expense assumptions, fundraising requirements, and financial modeling scenarios associated with the proposed cultural and civic center.

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