Komedia Bath is hoping to raise £350,000 to safeguard its future and, at the same time, allow members of the public a “ground-breaking” chance to own part of the venue.
A spokesperson said the live entertainment venue had been “inspired by the innovative idea of community ownership” and was putting its future in the hands of the people of Bath, “right where it belongs”.
The spokesperson added: “Whether you’re a performer, gig-goer, comedy connoisseur, or you just like to get downright funky on a Saturday night, you are part of the community that Komedia Bath’s future now depends on.
“By converting to a Community Benefit Society, Komedia Bath believes that it will be able to secure a sustainable community-led future for what is undeniably the city’s greatest and most diverse live entertainment space.”
Komedia Bath hosts more than 400-events per year in the Grade II listed former Beau Nash cinema, and offers a programme of comedy, music, cabaret, and club nights.
Since opening in 2008, the venue has seen more than 750,000 visitors use its facilities.
The spokesperson continued: “The chances are, that if you’re reading this, you are one of those individuals, and that makes you crucial to this campaign to protect the future of this incredible space.
“With just over a month to raise a minimum of £350,000, the time to act is now.
“If enough of the people who have passed through Komedia Bath’s doors were to invest or donate in support of this ground-breaking Community Ownership Bid, Komedia will be able to keep you all laughing, dancing, and discovering your new favourite acts and artists for many years to come.”
The spokesperson said Komedia was the “vital lynchpin” of Bath’s thriving arts community, and added: “If Komedia is unable to support Bath’s festivals, emerging talent and local businesses, it will create a chain reaction that will no doubt affect the whole ‘ecosystem’ of live entertainment, both locally and nationally.
“Without the support of the community, Komedia Bath will inevitably succumb to the pressures which are destroying the live entertainment scene nationwide.”
Komedia Bath is hoping to raise at least £350,000 before its Crowdfunder page ends at 10pm on 21 November 2017.