YOUNGSTOWN, Ohio – The city-owned downtown entertainment venues delivered a profit of $285,488 in 2024 and took in an additional $349,594 in admissions tax, for a total of $635,081.
The tax is generated from ticket sales at Covelli Centre, The Youngstown Foundation Amphitheatre and Wean Park. It is collected by JAC Management, which operates the venues for the city under a contractual agreement, and also goes into the city’s coffers.
In a letter to City Council accompanying the year-end report, Eric Ryan, JAC president and CEO, said 2024 was the third consecutive year the venues generated approximately $350,000 in admissions tax.
The three facilities had a combined $3,304,265 in gross income from events, luxury boxes, club seats and other sources.
Total expenses, including salaries and benefits, utilities, repairs and maintenance, supplies and other expenses, totaled $3,018,777.
Ten sold-out performances highlighted the year: Professional Bull Riders, comedian Sebastian Maniscalco, Disney On Ice, two Trans-Siberian Orchestra shows and concerts by Sam Hunt, Jordan Davis, Judas Priest, John Pardi and Casting Crowns.
The venues also played host to a multitude of events that brought tens of thousands of people into the city. They include the Simply Slavic, Juneteenth and Wine and Jazz festivals, the Summer Festival of the Arts, Panerathon, Silly Science Sunday, Hola Fest, a series of movies and a disc golf tournament.