Smock Alley Theatre posts loss despite rise in bar sales

Box office sales slump by more than half on previous year

A substantial rise in administrative costs saw Smock Alley Theatre report a loss before tax in excess of €97,200 in the 12 months to end of June 2014, more than double the €35,350 reported in the previous 12-month period.
A substantial rise in administrative costs saw Smock Alley Theatre report a loss before tax in excess of €97,200 in the 12 months to end of June 2014, more than double the €35,350 reported in the previous 12-month period.

Dublin’s Smock Alley Theatre has plunged deeper into the red after pretax losses more than doubled last year.

Box office sales slumped to just over €69,800 in the 12 months to end of June 2014, less than half the €150,367 in ticket sales the previous year.

However, bar sales more than doubled to €210,995. Alongside donations of €26,400, this helped offset the decline in turnover to just under €3,000 at €577,000.

A substantial rise in administrative costs saw the theatre report a loss before tax in excess of €97,200, more than double the €35,350 reported in the previous 12-month period.

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It posted an operating loss of €81,083, a significant increase on the previous year’s loss of €17,903. The overall cost of sales was €67,652 last year, down from €72,588 in 2013.

Smock Alley received grant income of €74,536 and rent of €195,145.

The number of employees declined from 39 in 2013 to 33 in 2014. However, salaries and wages increased, rising from €238,523 to €277,667.

After Sarah Miles, Pilgrim and Waiting for Godot were among the productions put on at the theatre last year.