The Murphy Foundation of El Dorado has committed $5 million to a non-profit’s ambitious plan to create a performing arts venue that will stage more than 250 performances at the renovated Rialto Theatre.
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The El Dorado Festival and Events Inc. plans to collaborate with the Southern Arkansas Symphony Orchestra and the Southern Arkansas Arts Center (SAAC) for programming and revamp the Rialto for the Southern Theatre Festival. The project will cost $50 million; the city of El Dorado has committed $9 million to the project. The organization now puts on 35 events a year.
It’s great news for El Dorado, which already benefits from the Murphy Foundation’s college scholarships for all graduating El Dorado seniors.
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News release on the jump.