Board president Leo Fishman attributes the Charleston Symphony's newfound stability and galvanized outlook to the philanthropy of local individuals and businesses, some of which pledged multiyear giving. An unused line of credit also exists, The Post and Courier reported him saying yesterday.
In addition, the orchestra established an internal long-range planning committee and hired a consulting firm with which it drafted a five-year plan that has become the basis for all financial decisions. Currently underway is a search for a new executive director, a position that has been empty since director Sandy Ferencz stepped down last August.
Though Fishman does not expect a miraculous change, he told The Post and Courier today that he is positive. "I think we're going to be here for a long time."