Indianapolis Latest Orchestra With Money Woes

The Indianapolis Symphony joins the growing line of orchestras in financial difficulty. But then, the orchestra is not alone. The American Symphony Orchestra League reports that “72 percent of the nation’s 25 major orchestras – including the ISO – chalked up deficits in fiscal 2002. The deficits averaged 3 percent of the orchestras’ budgets last year. The ISO’s deficit is less than 2 percent.”