Milwaukee Symphony Orchestra posts $1.8M deficit
Milwaukee Symphony Orchestra posts $1.8 million deficit; leaders seek changes to boost income
The Milwaukee Symphony Orchestra is looking at ways to rely less on donations after posting a $1.8 million deficit last fiscal year.
The Milwaukee Journal Sentinel reported that's largely due to a drop in donations. The orchestra was able to avoid shortfalls during the previous two fiscal years because it received large gifts near the end of those years.
The orchestra's fiscal year ends Aug. 31.
MSO board chairman Douglas M. Hagerman said the orchestra needs cut costs and attract more people to boost revenue.
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