Covelli Centre had a $37,561 operating loss between April and June

YOUNGSTOWN — The Covelli Centre had a $37,561 operating loss between April and June, but the facility’s executive director is expecting business to improve in the year’s third quarter, July to September.

Center officials had budgeted a $2,813 operating surplus for the year’s second quarter. They were expecting a big event during those three months to help the facility hit that modest operating surplus figure, said Eric Ryan, its executive director.

Even with concerts by the Goo Goo Dolls, Tim McGraw, and a double-bill of ZZ Top and Lynyrd Skynyrd, the facility failed to make an operating surplus.

As of June 30, the center had a $57,526 operating surplus for 2011. That’s ahead of its projected surplus of $51,973 for the first six months of the year.

The third quarter, typically the slowest three months of the year for the center, has two major concerts: tonight’s double-bill of Motley Crue and Poison, and a Barry Manilow concert next month. Hopefully those shows will give the facility a small surplus for the period between July and September, Ryan said.

The facility’s budget, developed in late 2010, lists an expected $150,000 operating loss for the third quarter.

For the complete story, read Saturday’s Vindicator and Vindy.com