Oct 18, 2018
By Michael Kramer
Joyful news from the Toronto Symphony Orchestra.
They’ve ended the 2018 fiscal year with a surplus of $2.3 million – due to a series of initiatives over the past year – that have focused on forward momentum – and brought new financial stability and artistic vitality to the TSO.
The surplus enabled the organization to reduce the accumulated deficit to $4.5 million – which is down from $6.8 million in fiscal 2017.
Last month the TSO announced that Gustavo Gimeno will become the orchestra’s next music director – starting in 2020.