Dayton Philharmonic projects balanced budget for 2010-11 season

Posted on: July 12, 2011

The Dayton Philharmonic in Ohio is projecting a balanced budget for the 2010-11 fiscal year concluded on June 30, following an annual audit to be completed in August. During the season the DPO also successfully concluded its $1.4 million Protect & Secure Sustainability Campaign, launched in 2009 in response to the recession to provide funding for the DPO’s 2009-10, 2010-11 and 2011-12 seasons. Total attendance for all DPO regular-season events in 2010-11 was 77,324, up 4 percent over the previous season; and subscription ticket sales were $1,225,214, up 2 percent over the previous season. Since the formation of the DPO’s Business Model Review Group in 2009, the DPO has recast its concert series, expanded its flexible subscription packages, and implemented staffing and compensation cuts. “More will have to be done in 2012-13 to put the DPO on a long-term path of sustainability,” said DPO President Paul Helfrich in a statement. “We will have to continue to reshape our business in many ways. Having said that, I am very proud of Neal [Gittleman. our music director], our musicians, our board and staff, and our extended family of ticket buyers and donors for the way they’ve shown real grit and determination through this difficult period.”

Posted July 12, 2011