The 570 seats of Capitol Hill’s historic Egyptian Theater have been empty since last fall. News of layoffs and financial issues at SIFF are making its path to reopening even more uncertain.
The Seattle International Film Festival says the E Pine theater will remain shuttered for the indefinite future as it has announced it is laying off nine full-time employees — around a fifth of its administrative staff — and more cutbacks.
“SIFF is downsizing and restructuring in order to remain open and continue to deliver on its mission,” the announcement reads. “SIFF has continued to struggle financially post-pandemic and revenue has not kept up with our expenses, specifically fixed costs, including staffing, rent and mortgage payments, insurance, and ongoing maintenance.”
The Egyptian’s struggles stem from another category — terrible luck. Last November, a devastating water leak in the building’s fourth floor mainline damaged several floors of the five-story, 110-year-old structure which houses the former Masonic Temple where SIFF Cinema Egyptian operates. Continue reading