Rumors, harmony and discord
Take a look at this troubling article from Cleveland Magazine about the future of the Cleveland Orchestra and ask yourself if the same questions could be applied to the Cincinnati Symphony Orchestra.
The problems are hidden on page 6 of this article, where the author points out that in 2005, Cleveland lost $4.4 million. In 2006, its deficit was $5.7 million.
Cincinnati's loss has not been that dramatic, but a large draw from the endowment over several years partly masked its deficit. Now that the orchestra is reducing its draw down to an acceptable 6 percent, it is challenged to close an annual $2 million gap. Will it succeed?
I've heard the same comment voiced by board members here that are quoted in this story, about dropping down to a "regional orchestra."
That would be tragic in both cities.
At stake here, as in Cleveland, is keeping an institution in our city that we can say is one of the nation's finest.
Meanwhile, coming up are musician contract negotiations in Cincinnati, an endowment campaign and -- possibly -- a renovation of Music Hall.
Rumors on that front are not promising, either. I've heard the number $100 million tossed around about renovations. And I've also heard "Who's in charge?"
Between the city owning the building, CAA managing it, and 3CDC building (we think) a garage next door (but Music Hall is not on their radar screen) -- nobody seems to know what anybody is doing...
4 Comments:
CSO will benefit with the influx of new young downtown residents, but first cut ticket prices, and re-do some programs,lighten up, and tickets will be selling.
Gertrude-
Classic music cannot die!!!!! Cleveland and avante Cincinnati!!!!!!!!! My Blog Is www.imperadordomundo.blogspot.com
Shades of Cleveland here in Cincy? Who would have thought it. You could read the article from Cleveland Magazine and substitute Cincinnati for Cleveland when they refer to the orchestra. It looks like inaction and relience on big donors for a bailout caused by bad management practices are not only used here in Cincinnati.
One thing I think that needs to be corrected is that as I recall the CSO musicians settled on the contract early-like in January of this year rather than September. They wanted to "help" in the financial turnarond by "settling early". I missed the logic on that one, but I'll leave that for others to connect the dots. I see the early contract settlement as the musicians insulating themselves out of the loop for part of the solution to be honest. Hard decisions that may have to be made. Reference this blog on 1/29/07 and an article that it refered to in the Enquirer .
The long and the short of it is that the chickens may be coming home to roost. I hope the powers that be don't claim they didn't see it coming. This has been coming for a long time.
Steve Deiters
Steve, you're correct about the contract extension made by the musicians in January. The current contract would have expired on Sept. 7, but now it expires on Sept. 7, 2008. And it was to give the board "breathing room" in their fund raising activities.
* Our online blogs currently are hosted and operated by a third party, namely, Blogger.com. You are now leaving the Cincinnati.Com website and will be linked to Blogger.com's registration page. The Blogger.com site and its associated services are not controlled by Cincinnati.Com and different terms of use and privacy policy will apply to your use of the Blogger.com site and services.
By proceeding and/or registering with Blogger.com you agree and understand that Cincinnati.Com is not responsible for the Blogger.com site you are about to access or for any service you may use while on the Blogger.com site.
<< Home