The Columbus Symphony: A Portrait in Stabilization

Posted on: December 7, 2011

Just two years ago, the Columbus Symphony Orchestra faced a $1.5 million deficit, with no operating reserves, no line of credit, and a negative cash flow and balance sheet. Through a partnership with the Columbus Association for the Performing Arts (CAPA), the CSO now saves nearly $750,000 annually in administrative costs. In 2010 the orchestra showed its first positive balance sheet since 2006 and for the past two seasons has finished in the black. 

The Columbus Symphony is on a journey, and what is happening there is a portrait in stabilization. The CSO has made some major decisions around its design, looking to better align its structure with its goals.

Read more and watch their story here.

Posted December 7, 2011