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3rd quarter profit announced for Bloomington coliseum

Fri, 09 Mar 2012 14:07:24 CST
By: Charlie Schlenker

Bloomington's U-S Cellular Coliseum made an operating profit of $131,000 in the third quarter of the fiscal year. Administrators say that's 20% above expectations thanks to concerts including Lady Antebellum and the Blue Collar Comedy Tour and events such as the Thanksgiving Farmers' Market, Festival of Trees, and the State Farm Holiday Classic Basketball Tournament. Through nine months of the budget year, the operating loss for the coliseum is less than ten thousand dollars. And fourth quarter bookings appear favorable to staff, who say it's likely the venue will be able to hit its target of a $66,000 profit for the year. In the last quarter 110,00 people attended events at the coliseum.

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