Milwaukee Symphony-Financial Problems
MILWAUKEE (AP) – The Milwaukee Symphony Orchestra is looking at ways to rely less on donations after posting a $1.8 million deficit last fiscal year. The Milwaukee Journal Sentinel reports (http://bit.ly/18ywF3G ) that’s largely due to a drop in donations. The orchestra was able to avoid shortfalls during the previous two fiscal years because it received large gifts near the end of those years. The orchestra’s fiscal year ends Aug. 31. MSO board chairman Douglas M. Hagerman says the orchestra needs to cut costs and attract more people to boost revenue.
Information from: Milwaukee Journal Sentinel, http://www.jsonline.com
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