Florida Orch Flush With Cash

The Tampa-based Florida Orchestra this week reported a $323,789 surplus on a budget of just over $9 million for the fiscal year that ended June 30. The orchestra’s ticket sales amounted to 38% of its overall revenue, which is low in comparison to the rest of the industry, but contributed income was robust, to say the least. Also significant is that “the orchestra finished in the black in a year when the board and musicians agreed on a new labor contract that boosted musicians’ pay by about 5 percent over the previous year.”