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music the orchestra world

detroit dodges (most of) bullet

An article was published today in the Detroit Free Press about the year-end fiscal situation at the Detroit Symphony, which had posted three consecutive years of balanced budgets – until this year. They were running an annual deficit for this year of $2 million, but managed to erase all but $190,000 for the end of year accounting. Pretty good, huh? No – not in the least.