About the Chapman Cultural Center
Total Project Income
  $ 36,445,595 in Private Pledges as of August 2006
$ 3,372,000 in Public Pledges as August 2006
$ 904,529 Interest
$ 800,000 Proceeds from Asset Sales
$ 3,000,000 required additional funding (State, Corporations, Foundation, and Individuals)
$44,522,124 Total Income

Total Project Expenses

  $ 6,000,000 Endowment*
$ 2,000,000 Annual Fund Reserve*
$ 1,313,732 Pre-Construction & Fundraising Cost
$ 31,966,861 Total Construction Cost
$ 2,000,000 Add Alternates
$ 100,000 Finance Cost
$ 1,139,624 Interest Expenses
$44,520,217 Total Project Expenses

 

*The Challenge by the four anonymous families required that we set aside $6,000,000 for an endowment and $2,000,000 for an operations reserve during the Capital Campaign pledge period.

Project Manager
Linbeck, Houston, Texas, Local Contact - Joe Lauer
Website: www.linbeck.com

Design Architect
David M. Schwarz Architectural Services, Washington, DC
Website: www.DMSAS.com

Exhibition Design
Storyline Studio, Seattle, WA
Website: www.storylinestudio.com

Economic Impact
Direct economic benefit estimated $4.14 million annually, $8.6 million indirect and induced economic impact, supporting 143 Jobs

Contacts
The Arts Partnership of Greater Spartanburg
Karen Bradley,
Director of Development
V 864.542.2787
F 864.948.5353
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it 		Jennifer Evins,
Project Chairman
V 864.680.3630
F 864.582.3719
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
 

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