Marcus Performing Arts Center Struggling Financially ( urbanmilwaukee.com )

From the Article:

The Marcus Performing Arts Center is not ready to sever its relationship with Milwaukee County taxpayers.

MPAC, the 55-year-old, downtown art center, is reporting that it has spent the last few years spending down its cash reserves as it struggles to bring in revenue. It was supposed to cut financial ties with the county in 2026, but it’s unlikely the organization will be ready to do so.

MPAC wants to extend its funding agreement with the county. Unfortunately for MPAC, the organization’s plea comes at a time that county policymakers are looking to cut spending on arts and culture.

Milwaukee County owns the building at 929 N. Water, which is operated by MPAC. The privately-built center opened in 1969 and was deeded to the county, to be held in trust for the public and to support the performing arts.

In 2015, a plan to transfer ownership of the building from the county to the Wisconsin Center District was added to state legislation financing the new Milwaukee Bucks arena. A year later, the county board finalized a funding agreement with MPAC that stated the county would stop providing funding if ownership was transferred to the district.

In light of this agreement, MPAC and the county successfully sought a repeal of the state legislation authorizing the ownership transfer.