SF Opera Reports Huge Surplus

“San Francisco Opera has ended the fiscal year 2006 with a surplus of more than half a million dollars on a budget of more than $60 million. The audited final figure for the surplus is $557,367 on an annual operating budget of $60,401,983. The company’s operating revenue grew by almost 23%, from $24,292,464 to $29,866,346, with income from ticket sales for the core season surpassing $20 million for the first time in four years.”