Cleveland Orchestra reports surplus, endowment growth, and larger audiences in 2015
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on December 08, 2015 at 8:01 PM, updated December 09, 2015 at 7:14 AM
CLEVELAND, Ohio – The holidays aren't the only source of glad tidings this year at Severance Hall. Much good news also lies in the Cleveland Orchestra's 2015 annual report.
For the third consecutive year, the orchestra's report was comparable to a sack full of bright, shiny toys.
In fiscal 2015, its push to remain viable and relevant paid off in the forms of higher attendance, endowment growth, and record-setting levels of philanthropy. The organization came out ahead for the year, reporting a surplus of $72,000.
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