October 9, 2015


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WSO enjoying the sweet sounds of surplus

THE Winnipeg Symphony Orchestra ended its season in the black to the tune of $128,000, its sixth consecutive operating surplus.

"It was just a great season," WSO executive director Trudy Schroeder said in an interview after the good financial news was announced at the noon annual meeting on June 26.

It's been seven seasons for WSO music director Alexander Mickelthwate.


It's been seven seasons for WSO music director Alexander Mickelthwate. Photo Store

"This is an organizational record. We've never had six surpluses in a row in our 65 years."

On an $8.2-million budget, the organization substantially increased its surplus, up from $22,000 in 2011-12. Last season's surplus is the best fiscal performance during the surplus streak.

Schroeder said the WSO benefited from a 10 per cent increase in concert revenue, or $326,163, generated by three more pops concerts and two more special concerts this season.

"A 10 per cent increase in ticket revenue makes a big difference," she said.

Other highlights include the Spring Achievement Awards Dinner, which netted more than $112,000 in proceeds, a new WSO Gala record.

There were also 10 sold-out concerts in 2012-13. The Soundcheck program had a 70 per cent increase in membership.

Private-sector revenue jumped by $145,051 or 12 per cent, thanks to funds collected for the Sistema Winnipeg program, Endowment Fund and undesignated bequests. The Endowment Fund added $861,161 this season, leaving its market value at $5.6 million.

On the artistic side, music director Alexander Mickelthwate's seventh season saw the orchestra produce four collector's edition CDs including: Tchaikovsky: Symphony No. 5 in E minor, Op. 64; Beethoven: Violin Concerto in D major Op. 61; Victor Davies: Mennonite Concertos; and Glenn Gould performing Brahms: Piano Concerto No. 1 in D minor, Op. 15.

The New Music Festival featured renowned American composer and Pulitzer Prize winner Steve Reich, as well as the world premi®re of composer-in-residence Vincent Ho's From Darkness To Light: A Spiritual Journey.

-- Staff

Republished from the Winnipeg Free Press print edition June 27, 2013 C18

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