Minnesota Orchestra Board's Recent Financial History: Contingent
"The board chose to cover operating deficits in 2009 and 2010 with major withdrawals from its investments. Then, in 2011 - on the cusp of labor negotiations with musicians - it "drew down" less money and declared a $2.9 million deficit." Minneapolis Star-Tribune 11/25/12

Posted November 25, 2012 09:14 PM