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St. Paul Chamber Orchestra Records Nine Percent Deficit
"Earned income made up just 15.7 percent of total SPCO revenue of $10.1 million. That is largely the result of low ticket prices. Pricing has become a sticking point in negotiations, as musicians have argued for ticket bumps to boost revenue. Management says that data show the low prices decrease marketing costs and stimulate donors, resulting in positive finances. Attendance last year was 128,000, up 9 percent from 2011." The Star-Tribune (Mpls) 12/04/12
Posted December 5, 2012 07:14 AM

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