ORCHESTRA WOES

The St. Louis Symphony – which has become one of America’s best regional orchestras over the past 20 years – is in trouble. “The orchestra came up almost $1 million short in the fiscal year that ended in August 1999. This year, it stands to run a deficit of between $3.5 and $4 million on a total budget of $28.9 million. Those recent losses will likely add to the $6 million in long-term debt the Symphony already carries. And even if it manages to achieve an anticipated $1.5 million in cutbacks for the 2000-2001 season, managers will still be looking at $2 million less than they need.” – St. Louis Post-Dispatch