ABT – Road To Recovery?

American Ballet Theatre’s artistic director Kevin McKenzie says ABT’s financial worries aren’t serious. He “insists any financial shortfall is strictly a routine cash-flow crunch. “We have no long-term debt. We do have an operating deficit of around $1 million, but that’s the same as it has been for several years. We don’t owe vendors; we raised more money last year than ever before, and it’s a far cry from when I took over. Then, you’d call, tell people you were with ABT and they’d hang up.”