More Red Ink In Milwaukee, But Less Of It

The Milwaukee Symphony will end its fiscal year with a $688,000 deficit, and $8 million in outstanding credit lines. But it’s not all bad news – the orchestra has hit its fundraising targets for the year, and even the red ink is within the bounds of the ensemble’s strategic plan to eventually balance the budget. “Subscriptions fell from 10,285 to 9,805 in 2005-’06, continuing a seven-year trend. But the orchestra set records for single-ticket sales, which jumped from about 14,200 in 2004-’05 to 21,000 this season.”