The shortfall follows a surplus of $303,000 in 2003-04. The SSO now has an accumulated deficit of $1.05 million.
"Soft sales last fall contributed to our not making our projected goal this year," executive director Paul Meecham said. "However, we were able to cut operating expenses by nearly $500,000 last year and bounced back in sales by the holidays and were strong the rest of the season."
The trend toward stronger sales has continued this fall, with last night's opening-night gala and other upcoming events selling well, he added.