Home
About Us
Rumors have been swirling that the Lakeland Cultural Arts Center in Florida is going under, but the organization's president says those rumors are "greatly exaggerated."
In a statement released Saturday, Jay LaPointe, president of the Lakeland Cultural Arts Center Board of Directors, says the center has "been synonymous with 411 Mosby Ave., and it will continue to be where Lakeland delivers quality community theater productions," the Orlando Sentinel reports.
"Rumors of Lakeland's demise have been greatly exaggerated, and in fact, we look forward to many more years of delivering quality community theater to the region."
LaPointe says rumors that the center is bankrupt were " improperly alluded to in some social media posts," and that "the mistake we made was the model never made sense for [the] Lakeland Cultural Arts Center to have seven full-time staff members and we strayed from our roots of heavy reliance on our incredible community of volunteers."
He says the center's payroll expense of $410,000 last year was more than double its total ticket sales, and payroll expenses were going to come in closer to $500,000 in 2024, so the board had to take "drastic actions."
The center laid off its seven full-time staff members in March, and LaPointe says the
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Government and philanthropy partner to empower communities.Government is investing $19.3 million over five years to establish Partnerships for Local Action and Community Empowerment (PLACE) PLACE...more
Foundation: Susan Thompson Buffett Foundation, Gates Foundation
Warren Buffett will direct his $140 billion fortune into a charitable trust.None of it will go to the Gates Foundation, which has been the recipient of more than $40 billion from Buffett over nearly...more
Government and philanthropy partner to empower communities.$19.3 million over five years to establish Partnerships for Local Action and Community Empowerment.PLACE will act as a one-stop shop to...more
The program will address how climate change is altering the playbook for disaster philanthropy.The frequency of hurricanes and increasingly impactful secondary perils storm surge, flash flooding,...more
Foundation: Kansas Health Foundation
The Director of Financial Partnerships is a critical role designed to support the Foundation's strategy to catalyze and aggregate resources to reduce the health disparities and inequities Kansans...more
Celebrating artistry and philanthropy: Hindy Weber Tantoco at the Red Charity Gala.Follow Bilyonaryo's unparalleled coverage of business news and global...more
High school students in Iowa can now get a leg up on the rest of the country thanks to a nearly $500,000 FAA grant. The grant will allow Iowa Lakes Community College to launch a course in drone...more
A major bank in India is looking for a senior analyst to help it grow its climate finance business, the BBC reports. The Global Innovation Lab for Climate Finance is looking for a senior analyst...more
Phil Lesh, who played alongside the Grateful Dead and Phish for more than 30 years, has died at the age of 59, the band announced today. Lesh, who also had a successful solo career, had been...more
India's Ministry of Ayush has declared Oct. 29 of each year as "Ayurveda Innovations for Global Health" in an effort "to showcase Ayurveda's potential to improve global health through innovative...more
Philanthropy News from...
Susan Thompson Buffett Foundation
Gates Foundation
Community Foundation of Sarasota County
Parker Foundation
Kansas Health Foundation
Vermont Community Foundation
Spencer Foundation
Wyoming Community Foundation
Community Foundation Alliance
Daviess County Community Foundation
Social Entrepreneurship
Spotlight
Colombian Social Entrepreneur Hopes to Shake and Change the World
Young at 24, Juan David Aristizabal Ospina is a social entrepreneur who founded Buena Nota, a platform that accentuates social entrepreneurs and citizens in Colombia making positive changes and raising awareness about social problems that need to be addressed.
