The conversation revolves around the challenges and complexities of fundraising galas in the theater industry. The hosts discuss the high costs of attending galas and the aggressive marketing campaigns used to solicit donations. They also explore the elitism and exclusivity associated with these events, as well as the struggle for nonprofits to balance financial goals with artistic integrity. The conversation touches on the impact of the pandemic on theater funding and the need for subsidies and support from the government and successful theater companies. The hosts also discuss the importance of creating sustainable models for theater funding and the role of grassroots campaigns and community involvement. 

The conversation explores the challenges faced by the theater industry, including funding, tax credits, and the need for diversity, equity, and inclusion (DEI). It highlights the lack of financial support for theaters, the lengthy process of receiving tax credits, and the limitations of grant programs. The conversation also delves into the need for new leadership in nonprofit theaters and the importance of addressing DEI issues. The hosts share their thoughts on recent theater productions and discuss the impact of the pandemic on the industry.