Plan for the Lake City Capri Theatre
administration, planning and staffing of
the theatre is the sole responsibility of the Board of Directors.
Guided by the
By-Laws, Mission, Purpose/Vision Statements, and Board-approved job
descriptions of the Lake City Capri Theatre, the board will make all
for the corporation. No individual Board member may make a binding
for the corporation without the express consent of a majority of its
following the procedures of the By-Laws of the Corporation. Funding for
operations of the Capri shall be obtained by the public showing of
the sales of concessions. Movie showings shall be carried out every
under the following general guidelines.
Admission to the movies shall be considerably less than 1st
run movie theatres. The original board set the price at $2 per seat for
all seats, regardless of age.
Price of concessions shall be competitive. Every effort shall
be made to keep the price under 1st run theatres.
The operations of the theatre shall be run by volunteers. If
volunteers can’t be obtained to perform necessary tasks, the board
shall hire outside contractors to perform the functions.
The fiscal policy of the Capri Theatre is as follows:
First priority is to pay all current bills &
Second, to build and maintain a $50,000 cash reserve.
Third, to maintain and improve the theatre to ensure a
first-class theatre of which the community can be proud.
Fourth, at the Board’s discretion, excess funds are to be
given back to the community that created and supports its operations.
an Iowa not-for-profit, IRS 501(c)(3)
approved corporation, the board reserves the right to solicit
Fundraising is not part of the Capri’s “normal” operations and would
done under “special” circumstances. The writing of grants for theatre
improvement projects is acceptable, but must be approved by the board
submission of the grant request.