Canadian Opera Company Posts Small Surplus

Classic Arts News   Canadian Opera Company Posts Small Surplus
 
Toronto's Canadian Opera Company posted a surplus of C$13,000 in 2003-04, the company announced at its annual meeting last week.

The COC's attendance averaged 95 percent of capacity for the season, up 9 percent from 2002-03. Filmmaker Atom Egoyan's production of Wagner's Die Walk‹re sold out its entire run, as did productions of Tosca and Turandot.

The company's fundraising also showed improved results, with revenue rising 14 percent over the previous year.

The COC also posted a small surplus in 2003; in 2002, the company ran a C$500,000 deficit, its first shortfall in five years.

The meeting also marked the end of Arthur R.A. Scace's tenure as board president. Robert Collins now takes up the position.

The COC will move to the Four Seasons Centre for the Performing Arts, currently under construction, in fall 2006. That season will also see the company's most ambitious initiative: a complete production of Wagner's Ring, the first ever produced in Canada.

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