The Atlanta Symphony Orchestra has announced a budget surplus for the 2015-16 fiscal year. This is the second consecutive year the ASO has posted an annual surplus, following several years of budget deficits. The Atlanta Symphony Orchestra Musicians’ Endowment Fund has also exceeded $20 million, and is expected to reach its $25 million goal this year. The Musicians’ Endowment helps provide funding for additional positions for the orchestra; seven new orchestra positions have been filled, with more auditions scheduled for the fall. The Musicians’ Endowment is a part of the Woodruff Arts Center’s Transformation Campaign. The restricted fund will endow musicians’ salaries and benefits in perpetuity and restore eleven positions to the orchestra. “We are grateful for the community’s extraordinary response to the Musicians’ Endowment Campaign,” said ASO Executive Director Jennifer Barlament. “To have reached this milestone so soon creates tremendous momentum and a resounding vote of support for the Atlanta Symphony Orchestra’s mission and impact.”
Posted August 12, 2016
