Carolina-Theater
By Caroline Culler (User:Wgreaves) (Own work) [CC BY-SA 3.0 or GFDL], via Wikimedia Commons
December 21, 2015; News & Observer (Raleigh, NC)

Board members are satisfied because the nonprofit theatre they are overseeing has reported back-to-back surpluses in the previous two years, making a serious effort to reduce its long-term debt. Every month, the CEO and CFO meet with the finance committee, which includes four members with solid accounting and finance backgrounds. Numbers for the 2013-14 fiscal year are audited, and, as in previous years, no red flags are raised. The city,