Local Partnership Established to Stabilize Columbus Symphony
By: Gabrielle Sierra
In the face of a $1.5 million deficit for the 2009-10 season and insufficient cash flow to continue operation past April 5, the Columbus Symphony Orchestra (CSO), the Columbus Association for the Performing Arts (CAPA), and the Symphony musicians have banded together to ensure the CSO's survival. On April 5, the CSO and CAPA will enter into a 5-year management agreement in which CAPA will oversee the CSO's finance, accounting, marketing, advertising, publicity, graphics, IT, ticketing, human resources, and operations functions.
By utilizing CAPA staff for back office services, the CSO will save more than $750,000 in the 2010-11 season. Symphony musicians recently voluntarily reopened their collective bargaining agreement and voted to accept a 23% pay cut in their 2010-11 season contract, saving an additional $1 million. The savings will help reduce the CSO's 2010-11 budget from a projected $8.75 million to an estimated $7 million. Joint fundraising from CAPA and the CSO will strive to balance the 2009-10 budget.In addition to management services, the CSO board has asked Bill Conner, President and CEO of CAPA, to serve as volunteer Managing Director and CEO for the Symphony. Conner will report directly to the CSO board, and work with them to develop a viable, long-term business model which takes into account the Columbus audience and philanthropic support.Roland Valliere will continue as CSO President and take on the responsibilities of Chief Creative Officer, leading the organization in business development, artistic and creative content, and musician relations.Videos
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