Philadelphia’s Kimmel Center for the Performing Arts is five years old and still short on funds. The problem is that, while no expense was spared to build the center, organizers failed to see the need for a major endowment to keep it solvent. “The Kimmel and the Philadelphia Orchestra previously flirted with the idea of a merger, and have already combined some operations. A second study by Deloitte & Touche will look at various possible business models… The Kimmel would like to reach an endowment of $70 million and eliminate its $30 million debt, or have $100 million in endowment if retaining the debt.”