In Turnaround, Boston Ballet Posts Budget Surplus

Classic Arts News   In Turnaround, Boston Ballet Posts Budget Surplus
 
The Boston Ballet has made a financial turnaround this year, posting a $650,000 budget surplus for the 2003-04 season, the Boston Globe reports.

Last year, the Boston Ballet ended its season $3 million in the red. The company has an annual operating budget of approximately $20 million.

Executive director Valerie Wilder told the Globe that she attributed the surplus to $1 million in operational cutbacks and a successful $5 million fundraising drive.


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