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KSO ENDS FISCAL YEAR IN THE BLACK; NEXT SEASON’S TICKETS ON SALE AUGUST 19
FOR IMMEDIATE RELEASE
August 1, 2013
Contact: Rachel Dellinger
KSO Director of Communications
The Knoxville Symphony Orchestra (KSO) has concluded its 2012-13 fiscal year with a balanced budget. This is the seventh consecutive year the organization has ended its fiscal year with a positive result.
“We are proud to have achieved our financial goal for a seventh year,” said KSO Executive Director Rachel Ford. “We are thankful to our generous community members, KSO patrons and volunteers for their support.”
Fundraising events through the Knoxville Symphony League and the dedication of the Board of Directors helped raise more than $1.4 million in contributions.
The newly launched Concertmaster Series sold out in its inaugural year with six performances at Remedy Coffee in the Old City. For the fiscal year ending June 30, 2013, the KSO had an unaudited surplus of $21,000.
Total revenues were reported at $3,536,200 and total expenses at $3,515,000.
The KSO was thrilled to partner with the Clarence Brown Theatre during the 2012-13 season in a celebrated production of Sweeney Todd starring Dale Dickey as Mrs. Lovett. This production, the third co-production between the two organizations, was the highest grossing production in KSO history with gross ticket sales in excess of $270,000.
The KSO will begin its 78th season on September 20, 2013 with Eroica Trio Plays Beethoven at the Tennessee Theatre. Subscriptions are on sale now; tickets to all KSO concerts go on sale Monday, August 19. Tickets can be purchased by calling 865-291-3310 or visiting www.knoxvillesymphony.com.
The KSO has contributed to the cultural life in East Tennessee since 1935. Under the leadership of Lucas Richman, the orchestra consists of 75 professional musicians and performs more than 250 programs throughout East Tennessee each season. Performing in traditional venues such as the Tennessee Theatre, Bijou Theatre and the Civic Auditorium, and in non-traditional places like hospitals, school classrooms, nursing homes, city parks and churches, the KSO reaches more than 200,000 people throughout the region each year.