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Nonprofit Buys 2 Historic Movie Theaters In Vermillion

Associated Press0

VERMILLION, S.D. (AP) — A nonprofit trying to improve Vermillion’s downtown cultural attractions has acquired two historic movie theaters with help from the University of South Dakota and other groups.

The Vermillion Downtown Cultural Association has bought the theaters from March Films, Inc., which owned them for over 40 years.

Group board president Bill Anderson says the theaters need “a little sprucing up,” which had forced USD to budget a substantial amount of student activity funds to run movies on campus.

When Anderson’s group decided to purchase the theaters, USD transferred all the operating funds put toward campus movies to the downtown project and made a capital contribution.

The Vermillion Chamber and Development Corporation also contributed $10,000 in loans and $5,000 in match funding.

Group members are now raising money for renovations and equipment.

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