Park Square Theatre is rising from the near-dead.
After dismissing staff and canceling the remainder of its 2022-23 season in March because of existential money woes, the St. Paul company has announced that it is solvent again and plans to reopen in mid-December. Park Square has raised $650,000 in the past six months to bring its accounts current, theater officials said, and has restructured the remaining loans to make them manageable.
It will begin featuring a series of smaller events, including a "Holiday Hot Chocolate" concert Dec. 15-16 with T. Mychael Rambo and Thomasina Petrus under the brand Live From the Square, before launching a full season in fall 2024.
"If we didn't put in the extra effort, Park Square would've closed its doors," said board chair Mark Howlett. "But we rallied because it would've been a huge loss for an organization that's turning 50 next year and that has meant so much to this community."
Park Square also announced that it has hired theater veteran Stephen DiMenna as its new executive artistic director. A former co-artistic director of Manhattan Theatre Club's Stargate Theatre Company and a teaching artist at the Guthrie Theater, DiMenna has helped Park Square use its existential crisis to redefine its vision.
DiMenna first came aboard as a volunteer consultant in the summer, tasked by the board in figuring out Park Square's place in the arts ecology. Even as trustees and staff worked feverishly to raise money to save the theater, which netted $500,000 in 100 days, DiMenna conducted a brand audit.
In looking at the mission and programming of every theater in the Twin Cities, he identified a void that Park Square, which has a 350-seat mainstage auditorium, might fill. DiMenna suggested that Park Square not duplicate quality offerings that patrons can get elsewhere.
"We see great Shakespeare at the Guthrie and Ten Thousand Things," DiMenna said. "What if we narrow our focus to contemporary American plays plus one reimagined classic every year and one midsized contemporary musical."