Quad's future has stabilised, says venue boss

Derby art centre Quad is in a stronger position financially after its future was in doubt last year, according to its chief executive.

A report from trustess in March 2024 said there was "significant doubt" the independent venue, which comprises a cinema and display areas, could survive as its financial reserves had shrunk.

In October, its opening hours were reduced to try to save money.

But now chief executive Eleanor Thornley says the future is looking brighter and as a result it has been able to start extending opening times again.

"Because we have been going well, because of the stabilisation we have seen, we have re-opened on Thursdays and Fridays in the daytime," she said.

"We are doing a lot better than we were but it is still a challenging time, so we still need the support of our customers and I think we have got a really compelling offer to make this happen."

Quad opened in 2008 and its patrons include actors Jack O'Connell, Molly Windsor and Paddy Considine.

As well as the cinema, the venue features a cafe and exhibition space for artists and photographers.

Ms Thornley took over as chief executive in July 2024 having previously worked as head of the funding body Film Hub Midlands.

Four months before she arrived, trustees stated in a report they had "concluded that there are matters that indicate the existence of material uncertainties which may cast significant doubt about the company's and/or group's ability to continue as a going concern".

But Ms Thornley said reducing the opening times last October had proved a good move financially.

She added she was also pleased with audience numbers since she took over with strong showings for cult film events and the musical Six.

"With the support of all customers, who have been incredible, and our stakeholders, it has been a challenging year but a really, really rewarding one," she said.

"We have got some really loyal customers. People feel comfortable here."

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