“One highlight of the worthy Young Concert Artists series is its annual Irene Diamond gala concert,” but the organization “will not present the concert next year, because of budget woes and thinning donations. … ‘We’re cutting everything we can do without ruining everything,’ Susan Wadsworth, who founded the Young Concert Artists in 1961, said.” The group will also “lower cash prizes for audition winners to $2,000 from $5,000.”