Nonprofit theaters spy hope

After a tough couple of years, things are finally looking up for legit nonprofits, but they're still living hand-to-mouth on a day-to-day liquidity basis.

Those are among the findings of a couple of economic reports recently released by Theater Communications Group, the grant-making, advocacy and networking org of U.S. theater nonprofits.

According to TCG's Theater Facts 2010, there are signs of hope, particularly in a metric TCG calls the Change in Unrestricted Net Assets, which measures all forms of a theater's income vs. all expenses.