“The Salem Chamber Orchestra is filing for Chapter 7 bankruptcy,” writes Tom Mayhall Rastrelli in Thursday’s (11/5) Statesman Journal (Oregon). “Last week, the orchestra’s board of directors canceled the remaining concerts of the 2015-2016 season, because of a budget shortfall. Since then, board president Rebecca Kueny, said the board sought legal counsel and explored many options…. Kueny anticipates the 31-year-old organization will file for bankruptcy by Friday. She estimates the process will take around three months to complete, after which the organization and board will be dissolved…. Last week, Teresa Cox, who was serving as the orchestra’s interim executive director, said the orchestra has seen an increasing decline in revenue since the onset of the 2007 recession…. ‘There comes a point where the board has to make the best business decision they can. It doesn’t have anything to do with the passion the board members have for the organization,’ Cox said. ‘No matter what the nonprofit offers, it has to be viable as a business.’ The Grace Goudy Distinguished Artists Series, Willamette Master Chorus and the Oregon Symphony Association in Salem will accept unused chamber orchestra tickets at some of their upcoming music events.”
Posted November 6, 2015
