Spoleto’s Surprise Surplus

“Spoleto Festival USA’s board of directors has learned that the 27th season of the arts festival ended up $10,007 in the black. The unaudited results for the fiscal year ending Aug. 31 showed that the festival’s $6.3 million budget got a strong boost from a record $2.5 million in ticket sales, according to a statement released by the festival Friday following a board meeting in New York. Not only was this year’s festival the highest-grossing ticket sales season in its history, but about half of its performances also were sold out.”