"Our debts were mounting, particularly the lease debt on our old building," says Erin Hood, Open Circle's volunteer PR rep, referring to the troupe's old home on Second Avenue in Belltown. "The financial standing of the organization was simply beyond repair."
The good news is that what remains of Open Circle Theater is reforming into a new (albeit, leaner) organization called The Schoolyard.
Hood described The Schoolyard as sort of a mission-in-progress. But she says the group, God help them, will be producing plays--though where these plays will be performed at is a bit of an open question.
"We'll probably be a bit of a nomad for the first year," Hood says. "But the people involved have learned a lot from the dissolution of Open Circle, so we think we'll make it."
Open Circle's already-scheduled performance of The Rocky Horror Show will still take place Fridays and Saturdays at 8 p.m. at Re-Bar downtown (tickets here).
Furthermore, anyone in possession of a facility capable of hosting a small theater-production crew is encouraged to contact email@example.com.