(Portland, OR) -- Portland Center Stage is in a financial crisis. They're launching a fundraising drive to avoid permanent closure. PCS was founded in 1988 and is the largest theater company in Portland. Over four million people have seen their shows over 37 years. Their goal is to raise nine-million-dollars by June 2026. The first phase of the effort is to raise two-and-a-half million dollars by August 31st. They've made cuts and reorganized the operation, but like many theater groups, the losses from the pandemic have made it difficult to recover.