Update November 19: There's hope in the form of philanthropist.
Original post: Citing mainly a poor economy causing fewer folks to buy tickets, nearly all of Charleston's artistic theater's are reporting bad news. And the spotlight is glaring on the embattled Charleston Symphony Orchestra, who needs to raise $250,000 just to get through the end of the year.
There's a pair of articles over at Charleston.net that do a good job of detailing the dire situation: One analyzes the Charleston Symphony Orchestra's situation and the other rounds up everyone else's issues.
Shops, restaurants, and theaters are all suffering due to decreased consumer spending; so when you do spend make sure you're supporting the things you want to stick around.