Milwaukee Symphony – Deeper In The Red

Earlier this year the Milwaukee Symphony predicted it would have a $2.5 million deficit. Instead, the orchestra finished $874,000 in the red. “The gap closed because musicians gave back 21/2 weeks of work and pay, several office staff positions were eliminated, other staffers agreed to wage cuts and the symphony negotiated fee cuts with many guest artists. The symphony’s accumulated debt now stands at $5 million, $1.37 million of it run up in the last two seasons.”