Barter Theatre, located in Abingdon, Virginia, opened on June 10, 1933. It is one of the longest running professional theatres in the nation. In 1933, when the country was in the middle of the Great Depression, most patrons were not able to pay the full ticket price. Robert Porterfield, founder of the theatre, offered admittance by letting the local people pay with food goods, hence the name "Barter". The original ticket price for a play was 40 cents, or the equivalent in goods. In 1946, Barter Theatre was designated the State Theatre of Virginia. Today, Barter is one of the last year-round professional resident repertory theatres remaining in the United States.