THE Manitoba Opera recorded a loss of $21,000 on its 2013-14 season, only the second time since 2000 the company has registered an annual operating deficit.
The shortfall on its $1.8 million budget was attributed to box office revenue reaching only 85 per cent of its goal, as well as a funding reduction of $7,100 from the Canada Council for the Arts. The MO's accumulated debt at year end was $240,065.
Community support for the organization remained strong, however, as sponsorships were up 11 per cent while special events fundraising increased 30 per cent.
MO launches its 42nd season Nov. 22 with Fidelio, Beethoven's only opera.