The Andorfer Group specializes in real estate in the Durham, Raleigh, and Chapel Hill and other areas of North Carolina.
Showing posts with label activity. Show all posts
Showing posts with label activity. Show all posts

Saturday, September 17, 2011

Durham's Newest Entertainment Center - DPAC

Great article published by Duke University's "The Chronicle"...

DPAC brings $1.02 million to Durham



Although profits dipped slightly, the Durham Performing Arts Center is still a source of revenue and recognition for the Bull City.
DPAC earned $1.02 million for the city of Durham in the latest fiscal year, according to a preliminary financial statement issued by the city. As a premier theater venue, DPAC hosts more than 150 events per year and made a total of $2.5 million last year—40 percent of which went to Durham. Although Durham owns the facility, PFM/Nederlander serves as its management company. The 2009-2010 fiscal year yielded a profit of $2.9 million for the theater, slightly greater than the 2010-2011 fiscal year.