Despite hard economic times, the Chicago Symphony Orchestra ended its last fiscal year in the black, and even carried over a modest surplus of $20,000 into 2009-10.
Chicago Symphony Orchestra Association president Deborah F. Rutter and chairman William A. Osborn told the association's annual meeting Wednesday it raised $20.9 million in donations during its 2008-9 fiscal year _ a 6 percent increase over the previous year. Rutter and Osborn also said ticket sales totaled $20.7 million, the second-highest in CSO history.
Approximately 540,000 people attended 230 musical events at Symphony Center during 2008-9, including 161 concerts by the orchestra.
Rutter and Osborn said operating expenses totaled $64 million for the fiscal year that ended June 30, and the orchestra's endowment stood at $184 million on that date.
Sweet Sound: Chicago Symphony Ends Fiscal Year in Black
Association raised $20.9 million in donations during '08-'09 fiscal year
Copyright AP - Associated Press
