![Rochester Art Center’s Finances Shaky, Future Uncertain](http://townsquare.media/site/67/files/2016/09/Art-Gallery.jpg?w=630&h=420&zc=1&s=0&a=t&q=89&w=980&q=75)
Rochester Art Center’s Finances Shaky, Future Uncertain
ROCHESTER, Minn. (AP) — There is "substantial doubt" about the Rochester Art Center's ability to continue operating after a recent audit of its 2014-2015 finances.
Reports that the audit shows contributions, corporate sponsorships and memberships are all declining as well as the center's cash balance significantly falling.
Rochester heavily subsidizes the center, giving it more than $1.2 million over a five-year span. The center is budgeting for a city grant of $330,000, a lower amount than in 2015.
City Council President Randy Staver says he was unaware of the recent audit, and now wants more answers on how the center has been managing its money.
More From AM 1240 WJON
![This Popular St. Cloud Seafood Restaurant Is Considered A ‘Zombie Brand’](http://townsquare.media/site/65/files/2024/03/attachment-Image-Credit-aedrian-via-unsplash-and-Google-Maps.jpg?w=980&q=75)
![Here Are The 10 ‘Best-In-State’ Hospitals In Minnesota](http://townsquare.media/site/65/files/2024/03/attachment-CentraCare.jpg?w=980&q=75)
![The Cost Of Mayo Clinic’s Expansion: Is It Sustainable For Rochester?](http://townsquare.media/site/65/files/2024/02/attachment-Mayo-Downtown-Google-Maps.jpg?w=980&q=75)
![St. Cloud Area Students to Perform with Grammy-Award Winning Duo](http://townsquare.media/site/67/files/2024/01/attachment-Untitled-design-4.jpg?w=980&q=75)
![A Becker Woman’s Incredible Journey from ‘Junk To Joy’ in Pictures](http://townsquare.media/site/65/files/2022/01/attachment-hearts.jpeg?w=980&q=75)
![Paramount’s Online Performances Capturing A New, Larger Audience](http://townsquare.media/site/67/files/2020/03/Paramount-Marquee-Closeup.jpg?w=980&q=75)
![Make Your Money Work For You: Guest Kelly Blodgett](http://townsquare.media/site/67/files/2015/11/money.jpg?w=980&q=75)
![Paramount Theatre Brings Art on Virtual Platform During Closure](http://townsquare.media/site/67/files/2020/03/Parmount-Stay-Healthy-Long-shot.jpg?w=980&q=75)
![Paramount Center for the Arts Gets $2-Million Donation](http://townsquare.media/site/67/files/2018/01/Exhibit-viewers.jpg?w=980&q=75)