The Costa Mesa institution now known as the Segerstrom Center for the Arts held its first performance in September 1986.
Nearly 25 years later, the largest performing arts venue in Orange County is planning a robust lineup for its silver anniversary season that will feature world-premiere productions and nine touring shows, including Broadway's "American Idiot" and "Shrek the Musical."
The seasonal lineup comes amid some encouraging financial news for the center.
The Segerstrom Center recently eliminated a deficit of about $1 million accumulated during the recent recession, said spokesman Tim Dunn.
The center said it paid off the debt during the current fiscal year.
In the 2008-09 season, the center laid off staff and cut salaries in response to the tough economy.
Most of those overhead reductions have remained in place, Terry Dwyer, the center's president, said in an interview.
The center is expecting a number of seven-figure gifts in the months ahead, he said, adding that the center anticipates it will be able to raise "a little more money on an annual basis."