Two smaller American orchestras have been on the brink of collapse this spring. Last week, one got closer to the edge while the other got something of a lifeline.
First, the Columbus Symphony:
Citing a lack of money and a potential deficit of $3 million next year, the board announced Thursday that the Picnic With the Pops series was canceled and the orchestra would shut down June 1. Only a new, money-saving labor contract could save the 2008-09 season, the board said.
That was May 10 (find the whole article here).
A few days later, the symphony was dealt another blow. The Greater Columbus Arts Council cut them off:
"We shouldn't be giving operational support to an organization that's not going to be here after June 1," said council President Bryan W. Knicely.
The Symphony has an annual budget of $13.5 million, and the Arts Council gave them about $260,000 last year. That's only about 2% of their budget, but it sure does set an ominous precedent for other funders.
But things look sunnier in Honolulu--don't they always? The Honolulu Symphony is also in dire financial straits, but it hopes it's now building momentum of a different kind. Last week an anonymous donor gave the orchestra $1.175 million.
That doesn't fix the problem--the symphony is now only 4 weeks behind on payroll instead of 11--but it does help. The administration is hoping that gift will spur donations from others. Time will tell...
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