Saying it was a financial drain, the University of California, Santa Cruz, will cut its popular partnership with Shakespeare Santa Cruz this December, ending a run of 32 years of performances.
"The campus has provided Shakespeare Santa Cruz with a large amount of financial support in hopes that the company could become more financially self-sustaining,” said David Yager, UCSC dean of the arts, in a press release. “Unfortunately, with each passing season, it has become clearer that this goal is not attainable."
Five years ago, the series almost died, but the company raised $419,000 in emergency donations and kept it alive. However, campus officials say UCSC's contributions have totaled $2.13 million over the past decade, $1.5 million of which came after the company was saved in 2008. Shakespeare Santa Cruz has a debt of $1.98 million, the campus says.
The school will keep a "Shakespeare to Go" program that brings the Bard to the schools.