Edmonton Symphony Reports Surplus

Classic Arts News   Edmonton Symphony Reports Surplus
 
The Edmonton Symphony posted a surplus of C$117,664 for the 2005-06 season, the orchestra announced.

Final audited results confirmed the surplus, which was projected by officials in June. The orchestra has balanced its budget for three consecutive years after running a C$1 million deficit in the strike-marred 2001-02 season.

The positive financial result was attributable to increased box office revenues, additional funding from the city of Edmonton, and controls on spending, treasurer Ralph Peterson said at a board meeting last week.

Managing director Elaine Calder told board members that ticket sales remain strong for the current season. William Eddins, who began his tenure as the ESO's music director this month, "is proving to be as popular with the community as he is with the orchestra," according to a statement.

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