Minnesota Orchestra Dealing With $3M Deficit
MINNEAPOLIS (WCCO) — The Minnesota Orchestra is making some changes to deal with the biggest deficit in its history.
The orchestra was short nearly $3 million in the past year.
They plan on balancing the budget by 2013 by reducing the number of shows and making major expense cuts.
The orchestra also plans on trying to attract new audiences.
Despite the budget shortfall, the company is going forward with its $45 million renovation of Orchestra Hall.
Mmanagement and musicians have to also negotiate a new contract soon. The current one expires in September 2012.