The Florida Philharmonic’s Bleak Prospects

With an annual budget of $10 million, the Florida Philharmonic is the state’s largest performing arts institution. But after failing to raise $20 million in emergency funds by last Friday, the orchestra could go out of business at the end of next week. Friday the orchestra gave itself a one-week reprieve, saying it had to raise $4 million by then to remain open. The prospects are not good.