Houston Symphony Breaks Even for Third Year in a Row

Classic Arts News   Houston Symphony Breaks Even for Third Year in a Row
 
The Houston Symphony has ended its 2006-07 season with a balanced budget for the third consecutive year, the orchestra announced today.

Finishing with a surplus of $10,000, the HSO saw total contributions and revenues from tickets sales increase 12% and 11%, respectively.

"Season ticket sales for 2007-2008 are already running more than 10% ahead of that pace," said Matthew VanBesien, executive director and CEO of the orchestra.

Most significant, the orchestra says, is a new three-year labor contract with its musicians, made close to four months before the expiration of the current agreement.

The orchestra also exceeded $1 million in revenues from Symphony Ball, its black tie fundraising event, for the second consecutive year.

Music director Hans Graf recently agreed to continue his post though the 2011-2012 season, an action Jesse B. Tutor, president of the Houston Symphony Society, called "a strong indication of our future stability and continued success."

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