Word: nonprofitability
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Announcing in his deep, effortless voice that Lear could not go on but that Welles would, he apologized for looking more like "the man who came to dinner" than a tormented monarch. He candidly confessed that since the City Center was a nonprofit, cultural organization that needed the money, he had "come out to discourage a stampede to the box office." Only a few hundred of an estimated 2,800 present asked for refunds. The rest settled back for An Evening with Orson Welles...
...help ballyhoo a $50-a-plate benefit for Manhattan's nonprofit Actors' Studio. Cinemactor Marlon Brando, a Studio alumnus, and Hollywood Expatriate Marilyn Monroe, presently a Studio "observer," got together to make an unlikely combination that could be a hilarious bonanza at the box office. Features of next month's Studio soiree: legerdemain by Actor Orson Welles, risque-poetry reading by Playwright Tennessee Williams, "after-midnight" songs by Italy's Cinemactress Anna Magnani...
...sales: more than 10 million pairs a year. Succeeding Haas as president is Daniel E. Koshland, 63, also a San Franciscan, who joined the company in 1922, has served as vice president and treasurer. ¶ James David Zellerbach, 63, president of Crown Zellerbach Corp., was elected chairman of the nonprofit, privately sponsored Committee for Economic Development. He succeeds Meyer Kestnbaum, president of Hart Schaffner & Marx, who has resigned to become special assistant to President Eisenhower. Zellerbach was born in San Francisco, got a B.S. degree from the University of California in 1913, joined the family papermaking firm a year later...
...much building he can do actually depends on new Publisher George G. Kirstein, son of the former chairman of Boston's William Filene's Sons Co. To pay some of the Nation's bills, Kirstein is himself putting a limited (and unspecified) sum into the nonprofit company that holds all Nation stock, hopes to raise enough new cash to beef up the Nation...
Undrunk Martinis. Among New York City's 150-odd art galleries, Hugh Stix's Artists' Gallery is unique. Running it as a nonprofit venture, Stix reverses the traditional art dealer's one-for-the-money, two-for-the-show policy, hangs pictures and takes no commission, shows mainly unknowns, and does everything in his power to pass along his discoveries to other dealers. All the drawings in the current show were donated by grateful alumni or well-wishers to celebrate the opening of the gallery's 20th season...