In Tuesday’s (5/15) Dallas Morning News, Michael Granberry reports, “The Dallas Symphony Orchestra changed course Monday, reversing its decision in early April to stop looking for a new CEO. That search is back on, DSO officials say, adding that the organization has cut its previously announced deficit of $6.5 million by $4 million. The deficit now stands at $2.5 million. In other developments, officials say the DSO: Has exceeded a corporate fundraising goal of $1.1 million; has exceeded the individual donor goal of $4.6 million; is on track to exceed its annual fund goal of $6.1 million; has received more than $1 million in support from foundations, exceeding that goal for the third consecutive year. ‘Ticket buyers are responding enthusiastically to the artistic excellence of the DSO, and the DSO’s donors have demonstrated confidence in our new business plan by stepping up contributions,’ Blaine L. Nelson, chairman of the DSO board of governors, said in the statement released Monday. The DSO ran up deficits of $8 million and $6.4 million in the two previous seasons. … Interim CEO David Hyslop, a veteran of Minnesota and St. Louis orchestras, will remain in place until the new CEO is found.”
Photo by Mark Perlstein/New York Times
Posted May 16, 2012
