St. Paul Chamber Orchestra balances budget

Posted on: December 6, 2013

In Tuesday’s (12/3) Pioneer Press (Minneapolis/St. Paul), Ross Raihala reports, “After a season nearly wiped out by contentious contract negotiations and an extended lockout, the St. Paul Chamber Orchestra announced Tuesday that it balanced its budget this year and was able to pay off about a third of its $793,205 deficit. ‘We’ve had to make some very painful cuts to weather this storm,’ SPCO president and managing director Bruce Coppock said in a news release. ‘That said, we’re now on the other side and we’re extremely optimistic about the future. We’ve made a significant dent in the accumulated deficit (and) subscription renewals are at an all-time high.’ … Principal second violinist Kyu-Young Kim had announced he was leaving during the lockout for a position with the New York Philharmonic, but decided to stay with the SPCO and assume the position of senior director of artistic planning. ‘This is an exciting time to be part of the SPCO,’ Kim said in a news release. ‘The board and the management took a leap of faith in appointing a playing member of the orchestra to the management team, and I feel lucky every day to have this opportunity.’ Total expenses for 2012-13 were $9,218,007.”

Posted December 6, 2013

Saint Paul Chamber Orchestra photo by Ken Friberg & Daniel Life / Rat Race Studios