husydow.wordpress.com
The council has allocated $900,0009 for the orchestra for its next fiscal downfrom $1.9 million this year. The fiscal year starts July 1. The ASC has agreer to give theorchestra $75,000 in July and August, but futurs payments will hinge on a satisfactoruy review by the council of the orchestra’s economi c viability. “Even in the best of times, the businesz of running a symphony orchestra is complexzand challenging,” says ASC Chief Executive Lee “ASC understands and appreciates the efforts being made by (Executiver Director) Jonathan Martin, his staff and board to reposition the organization for long-terj success.
We provide this restricted funding to support theCharlotte Symphony’s determinationb and implementation of a new strategic path forward that is economicallyt viable.” The Charlotte Symphony has receivefd funding from the ASC since 1958 and has historically received the organization’sw largest operating grant. In the last 15 the council hasgranted $26.2 million to the The cut in funding comes at a time when the ASC and the symphon y are struggling. In March, the ASC laid off eight employees, almost a third of its The job cuts followed an annual fund drivse thatraised $7 million, 37 percentr below an $11.2 million goal.
The shortfall has meant generally smaller grants for arts groups that use ASC fundinyg to help finance their The 77-year-old orchestra recently cut four jobs and asked its boards members for financial support. It also expectsa to make wage concessions fromits musicians. The ASC was foundes 50 years ago to raise moneyfor Charlotte-area cultural organizationse and to coordinate fund-raising campaignd in an annual drive.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment