Ballot Box Heroes

Last night was a blast! We had a huge turn out for our second Movie Night. Thanks to all the filmmakers and guests.

!st Place: The Life and Death of Stephen Sirridge - M.S. Duffey
2nd Place: Vampires: The Movie Trailer - Longpork
3rd Place: Naked - Joe Avella

Honable Mentions:
Good Ol Butterfly Board - Short Vision
The Pinata - Monique Madrid, Corey Rittmaster and Nick Wagner
March Madness - Joe Burton

Matty Robinson for Filmspotting was there so maybe you'll hear us mentioned on this week's broadcast. Who knows?

Next month Movie Night will feature: "Boogieman Picnic", "The Sun", "Rosa Parks Can Sit Wherever She Wants" and INSERT YOUR FILM HERE!!! Please submit your film via our website.
(The tentative date for the next movie night is Dec. 3rd)

Thanks to your support we are steadily growing our Building Fund. Our goal is 20,000 to provide a cushion of 4 months rent and the estimated cost of basic renovations. This morning I had a meeting at the Alderman's office and we are getting closer to finding a space. Bughouse is poised to be something really special and we appreciate all of your support and enthusiasm.

We are also in discussions with our lawyer about the benefits of structuring Bughouse as an L3C. This is a new designation of company that is a hybrid of an LLC (Limited Liability Corp) and a non-profit. Basically, we would get many of the perks of a non-profit, but still be able to make a profit. As an L3C we will be much like a traditional corporation but, those who donate to us will be able to take a tax deduction as if they were contributing to a traditional charity. But at this point LLC and L3C are both on the table. With either of those options Bughouse (as a corporation) will be able to sell shares of the company to its artists. This is generally how we foresee the ownership of the theater extending to the community of contributing artists.

I have always been disconcerted with the "owner vs. minion vs. peon" hierarchy of most for-profit theaters (and corporations in general). Selling shares to the artists is a way of giving them a voice in the operation and a stake in the success of the Theater.

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