“The Baltimore Symphony Orchestra has raised $6 million in the past month as the group works on a plan for its future,” writes Amanda Yeager in Tuesday’s (1/14) Baltimore Business Journal. “The BSO announced the gifts Tuesday and said they will go toward operating costs. The symphony also said it has received a $1.25 million gift for its endowment. The money represents a ‘significant investment’ in the BSO’s future and could help the organization balance its budget for the first time in more than a decade, CEO Peter Kjome said…. The announcement comes nearly four months after the symphony’s management and its musicians came together … to announce a deal ending a summer-long dispute over salary, benefits and the length of the BSO’s season. As part of the agreement … the Vision Committee, a new standing committee of the BSO’s board that includes musicians, was established to assemble a plan for the future, and the orchestra hired arts consultant and former Kennedy Center President Michael Kaiser to weigh in on the process. Kjome said the group would likely be ready to share specific recommendations next month…. Donors include board members and supporters from Greater Baltimore and Montgomery County.”
In photo: Music Director Marin Alsop conducts the Baltimore Symphony Orchestra at Meyerhoff Symphony Hall. Photo by Kenneth K. Lam
