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Guthrie squeezes out $946 suplus

Associated Press

MINNEAPOLIS -- The Guthrie Theatre squeezed out its seventh consecutive operating surplus during the 2002-2003 fiscal year, but saw season subscriptions and total attendance dip and watched the theater's endowment plunge more than $8.5 million.

At its annual meeting Monday, the Guthrie reported spending $18.1 million and collecting revenue of $17.9 million. After factoring in depreciation and other accounting adjustments, the theater claimed a surplus of $946.

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