PA Gov Says Kimmel Is On Verge Of Solvency

Contrary to some recent reports that had Philadelphia’s Kimmel Center for the Performing Arts struggling under a massive debt load with no relief in sight, Pennsylvania Governer Ed Rendell (who helped get the center off the ground when he was mayor of the city) claims that the Kimmel is only $12 million away from hitting a fundraising target that would allow it to retire its debt. Rendell is also suggesting that the center combine some of its operations with those of its principal tenant, the Philadelphia Orchestra, a move both organizations have reportedly been considering.