Dallas Symphony Reports Balanced Budget

Classic Arts News   Dallas Symphony Reports Balanced Budget
The Dallas Symphony balanced its $23 million budget in 2004-05, the orchestra reported.

The orchestra finished in the black for the second straight year after posting deficits in 2001-02 and 2002-03.

The positive result came despite a 7.5 percent drop in ticket sales. The orchestra boosted its fundraising by 9.3 percent over the previous year, and kept expenses down, according to a press release. Musicians had accepted a pay freeze for the season in a contract signed last fall.

"We are continuing our strategy to focus on the fundamentals of investing in and creating the very best artistic product we can with our wonderful musicians, while maintaining a firm commitment to fiscal discipline," said president and CEO Fred Bronstein.

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