VINCENT DIAKPOMRERE

This study examines the importance of budgeting and financial management in the
sustainability of theatre organizations and productions, using Terra Kulture as a case study. It explores how effective budgeting and proper financial management contribute to the survival and growth of theatre organizations in Nigeria. The study adopted both qualitative and quantitative methods of data collection, including a structured questionnaire and literature review. Findings revealed that proper budgeting enhances production planning, reduces financial mismanagement, and promotes sustainability. It concludes that the success of theatre productions greatly depends on sound financial planning and management practices.

There is no task without challenges. This study focuses on the challenges faced by stage managers in a theatrical production and how these challenges can be avoided or overcome to allow the smooth running of a theatrical production.