"the nut": operating costs for a show. the weekly running costs, including cast and crew salaries, administrative expenses, rentals (automation and lighting packages) and advertising. If a show's revenue goes below its nut, the show is losing money. For example, a show that costs $500,000 a week to run, it must make more than that to be in the black.
When a show goes below its nut, that is when the rumors start to swirl that the show is in trouble. For the producers, the nut is often a closely guarded secret. Backstage, there is often much speculation on how much the nut is, and concern on whether the show is in the red or the black.
Some theater owners on Broadway have clauses in their contract with productions that if the show goes below its nut for two weeks straight, the theater owners have the option of evicting the production.
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