Reserve Funds Put Chicago’s Lyric Opera In The Black

“The glory days of the company achieving more than 100 percent capacity are gone, but Lyric announced Monday that it it sold 86 percent of its seating capacity for the 2009/10 season and surpassed its $16.6 million fundraising goal.” It also “tapped $2.7 million in reserve funds … to balance its $53 million operating budget.”