CIPCO, Farmers Electric Cooperative assist The Winterset Stage in finding permanent theater
WINTERSET — Central Iowa Power Cooperative (CIPCO) and Farmers Electric Cooperative (Farmers) closed on a $220,000 loan with The Winterset Stage (The Stage) today. The funds will assist in the purchase and renovation of an 8,000 square foot existing building located at 405 E. Madison St. in Winterset to turn it into a permanent live theater.
The loans were funded through CIPCO and Farmers revolving loan fund (RLF). The RLF was created from the USDA’s Rural Economic Development Loan and Grant program (REDLG) program. The REDLG program and RLF provide economic development tools that CIPCO and their member cooperatives, like Farmers, offer to promote community development, economic growth, and help create jobs in rural Iowa.
The Stage is run by Cindy and Jason Stanbro and has been operating out of various available spaces since its inception in 2010. The Stage will create 20 to 50 seasonal jobs each year and provide evening entertainment for the community and tourists.
Their mission: “The Winterset Stage brings live theatre to the heart of Iowa. We build community through the arts to entertain, to enrich, and to provide avenues of development for artists of all ages.”
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