APPLETON, Wis. (WTAQ) - The Fox Cities Performing Arts Center says they had an operating profit of $1.3 million in its last fiscal year.

That's according to the PAC's newest financial report released Monday. The center also outperformed its projected operating budget by 9 percent.

It's a significant change from a year ago, when the PAC lost $1.9 million. Officials say increased revenue, decreased expenses and much better performance by its investments are the reasons.