Seven Dials Playhouse is under investigation by the Charity Commission for its long-term financial viability. This statutory inquiry seeks to explore potential misconduct or mismanagement following the theatre's decision to sell its central London property. The regulator expressed worries about the charity's funds after reviewing multiple business plan drafts. The theatre expressed disappointment at the inquiry's launch, acknowledging the reputational risks involved. They are cooperating fully and hope to maintain transparency throughout the process as they adapt to generate sustainable revenue following challenges faced under the previous management model.
We must also acknowledge that the existence of the inquiry itself, especially the public nature of its announcement, has the potential to cause reputational harm.
The inquiry will allow the commission to determine the extent of any misconduct or mismanagement.
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