SOUTH BEND, Ind. (AP) — A community theater in South Bend is entering its 60th season on the brink of insolvency, but its board has committed to measures to save the organization.

The South Bend Tribune reports that the South Bend Civic Theatre posted a deficit of almost $283,000 in 2014, and around $195,000 in 2012. Board of directors president Terry Bush confirmed that the theater also finished 2015 in the red but declined to say by how much.

To help its financial situation, the board says it will work to streamline the organization and make its operations more efficient, and refocus its donation efforts.

In its most recent move, the theater has submitted its notice to end its lease of The Firehouse building on Portage Ave.