Proving Once Again That You Can’t Cut Your Way To Solvency

The West Virginia Symphony has been in debt since the moment it moved into its new home at Charleston’s Clay Center three years ago, and the orchestra is hoping a major endowment drive will plug the seemingly permanent hole in its finances. The WVS’s accumulated debt stands at nearly $800,000, with $640,000 more on various credit lines. Worse, the orchestra’s subscriber base is less than half what it was a decade ago, and cuts to the musicians’ roster and the season schedule have done nothing to alleviate the problem.