Getting your player ready...
At first glance, it appears that events at the city-owned Wheeler Opera House bleed money, with combined losses for one-time shows totaling $90,599 in 2008, $59,721 in 2009 and $54,175 last year.
The three festivals the city of Aspen hosts at the historic building also fail to turn a profit. In March, the first-time Aspen Laff Festival and the second-year 7908 Songwriters Festival lost $39,725 and $48,463, respectively. In August 2010, the 2-year-old film festival MountainSummit lost $28,885.
Those losses don’t include marketing costs and staff time.
Read the rest of this report at .
