The movie theater, owned by the local CDC and operated by Cleveland Cinemas, has been struggling since it opened in 2009 to attract large enough audiences to keep it in operation. Organizers hope to raise $70,000 at the event.
“DSCDO is committed to ensuring that the Capitol will remain a neighborhood gem for years to come,” said Jenny Spencer, Managing Director of DSCDO, in a press release.
Spencer later told Scene that the fundraising goal was not to subsidize operating costs. The 50,000 annual tickets sold at the theater are enough to keep its doors open, she said. Rather, the funds raised would go toward capital improvements — no pun intended — "including plaster stabilization, a digital equipment upgrade, and a repair reserve fund."
The $100 ticketed gala ($150 for VIP admission) will include a VIP reception from 6-7 p.m.; a party with live music, appetizers and "libations" from 7-9 p.m.; and the screening of the 1941 classic film Casablanca
at 9 p.m. With a "Timeless" theme, cocktail or business attire is recommended. Tickets are available at clevelandcinemas.com
*This story has been updated with additional comments from Jenny Spencer.
The Friends of the Capitol Theatre group and the Detroit Shoreway Community Development Organization will host a gala Friday evening to raise money for the Capitol Theatre in the Gordon Square Arts District.