Financials are in for Durham Performing Arts Center’s 2016-17 season — and it was profitable for the city as well as the venue.
With a lineup buoyed by “Weird” Al Yankovic, soul singer Leon Bridges, celebrity scientist Neil deGrasse Tyson and other sold-out shows, Durham’s share of revenue for the city-owned theater came to more than $1.6 million for the fiscal year that ended June 30. That was out of a total net income of more than $5.2 million, according to figures provided by the city.
Durham’s cut of the money will go into the city’s DPAC fund, to go toward debt service, maintenance and building improvements.
PFM/Nederlander operates the plush, 2,712-seat theater, which cost $48 million to build and opened in 2008.
For the 2016-17 fiscal year, DPAC drew nearly 460,000 people. There were 223 total events, 93 of which were sellouts.
That’s good enough to rank as DPAC’s second-best attendance year ever, trailing only the 2015-16 total of more than 511,000.
Earlier this year, Pollstar magazine ranked DPAC No. 6 in attendance in the world for theater-size venues for the first half of 2017.