In 1993 the company was on the verge of folding following a number of large financial losses. However, a new committee was elected from the existing membership and the company was saved by a combination of fund raising (driven by founder member, Billy Love) and a change in policy regarding the production of rarely performed shows.
In 1993, the firm was on the brink of collapse due to significant financial losses. A new committee was elected from among existing members, and the company was saved through fundraising efforts (initiated by founder member Billy Love) and changes in policy concerning rarely performed shows.