According to the Post, the orchestra's annual income has dropped by more than $100,000 in recent years, as donations and corporate grants fell. It had an annual budget of $300,000 to $400,000.
Ninety-three-year-old Mary Hewitt, who attended the orchestra's first concert in the 1940s, was the only board member to vote against filing for bankruptcy. She told the Post that she would attempt to revive the organization.