The Greensboro-based theater company Triad Stage has regained its financial footing after successfully meeting a $500,000 fundraising goal.

In fact, Triad Stage surpassed its goal, raising close to $504,000 in a campaign launched in February.

The non-profit professional theater company had been struggling to stay afloat on ticket sales and donations.

The organization was forced to cut its operating budget earlier this year, and also reduced full-time staffing.

Managing Director Richard Whittington told the News and Record of Greensboro that 278 businesses, foundations and individuals contributed to the campaign, which ended June 30.

This fall will mark the company's 16th season in downtown Greensboro and fourth season at the Hanesbrands Theater in Winston Salem. A new operating model calls for the production of eight plays instead of nine, and shortening the season from September to early May.

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