St. Louis: Record Ticket Sales, But $1.6 million Loss

The St. Louis Symphony sold a record number of tickets this season, and for the first time box office exceeded $4 million. Still, “even with the strong ticket sales last season, the symphony will show an operating loss for fiscal 2003 of $1.6 million, as predicted by the long-term financial restructuring plan of the symphony. Ticket revenue makes up just 35 percent of the symphony’s expenses, with annual giving contributing 25 percent and concession and miscellaneous revenue accounting for 15 percent.”