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WALRUS covers about 33 percent of it's costs through ticket sales, the rest comes from supporters of the arts (people like you) and rentals of our theater.
90 % of our discretionary budget is directly dedicated to either paying the financial support of performing artists in the community that we serve.
As you know, for the last 5 years, Walrus Performance Productions has created and produced innovative new performances in our community that question, challenge, and touch audience members. We have been doing this in a space in Pioneer Square that has not been our own and that we have outgrown. We are very excited about having acquired our own space. Walrus is now joining the progressive arts community at the Capitol Hill Arts Center www.capitolhillarts.com . Our new theater will provide a wonderful venue for this work.
To make this vision a reality, we have developed a 4-year business plan. There are, of course, start-up costs associated with our new space. Over the course of the next six months we will need to invest $10,000 of initial capital. We are asking for your help in funding that investment.
We have set up a Washington State Limited Liability Company, Walrus Investments LLC, of which I am the single member. This company has been created for the sole purpose of being a vehicle for investing in Walrus Performance Productions, which is a charitable non-profit arts corporation. The form of investment will be through loans from people like you who want to help.
We are seeking loans to Walrus Investments LLC in the amounts of $500 or $1,000. We intend to pay simple interest at the rate of 8% distributed quarterly on the principal sums. According to our business plan, the principal will be re-paid on December 31, 2011. The principal and interest payments will come from the standard operations of Walrus Performance Productions. While there is an obvious risk involved in these loans, we are very confident about our ability, based on our historical financial performance to realize our business goals. To inquire about how to invest in the arts through Walrus Investments LLC please contact Andre Bouchard: Phone (206) 708-6700 Email movementintimeandspace @ gmail .com (remove spaces to email)
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Of course donations given freely are always sought and will be tremendously appreciated as well.
Any contribution made to WALRUS is tax deductible to the fullest extent of the law. Please send donations to:
Walrus Performance Productions 1621 12th Ave Ste 114 Seattle, WA 98122 (206) 708-6700
The following In Kind donations are also sought, please contact us at the email below if you wish to donate in-kind: Lighting Dimmers Stage Lights Storage space (lockers, cubby holes etc.) Plate glass mirrors Cords Clip Lights Sound Mixing board
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Last Updated: January 12, 2008
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