Theatre Royal loses £120,000 Arts Council grant
The UK's only surviving Regency theatre is to have its £120,000 Arts Council funding stopped from April.
The Theatre Royal in Bury St Edmunds, Suffolk, said it was "really disappointed" by the news. It said the grant funded 20% of its running costs.
The Arts Council says it will help the theatre "explore new ways to generate resources".
Nearly £12.5m has been awarded to eight arts organisations in Suffolk over the next three years.
The New Wolsey Theatre in Ipswich will receive £2.5m, while money will also go to organisations including Aldeburgh Music, the HighTide Festival and the Robert Pacitti Company Limited.
In a statement, the Theatre Royal said its Arts Council grant was "very important" to its "stability", but it would "engage with our important local business sponsors and supporters" to find new sources of funds.
The Theatre Royal was used as a barrel store by a nearby brewery until it was revived as a theatre in the 1960s.
In 2005, it underwent a £5.3m restoration to return it to its original 1819 layout and design.