From Huff­in­gton Post: I am always amused (disturbed?) when someone attached to a not-for-profit arts orga­ni­za­tion (usually a board or staff member) ratio­nal­izes an annual deficit with: “Every opera company/symphony/ballet company has a deficit.”

Tell that to the Oregon Symphony, which has been in the black two years in a row. As reported in an illu­mi­nating article by Anne Adams in the Port­land Monthly, the Symphony earned a surplus of over $190,000 on an annual budget of $13.9 million during the 201011 season. · Go to Michael Kaiser: Every arts orga­ni­za­tion has a deficit →