The Philharmonic has finished every season in the black since its founding 12 years ago, ven while doubling its budget, to $2.6 million, over the last five years.
According to a statement, the most recent surplus is attributable to higher contributions from corporate sponsors and individual donors, as well as increased revenue from contracted "orchestra-for-hire" engagements.
"After a difficult start to the season, post-hurricane [Charley], the finance committee of the board of directors made early and proactive decisions about reducing expenses while waiting for sales to rebound," executive director David Schillhammer said in a statement. " An already small staff redoubled its efforts, following personnel reduction. In short, it was a total team effort."