“A torrent of red ink is flowing through some of Oregon’s best-known arts and cultural organizations. The Oregon Historical Society and the Oregon Symphony each posted a six- or seven-figure deficit in its two most recent fiscal years. Oregon Ballet Theatre, Portland Opera and the Oregon Bach Festival in Eugene also booked large losses last year. Arts officials checked off a laundry list of problems causing the disappointing financial results: high costs, executive changes, miserly state support and fierce competition for audiences and donor dollars.”