How Deep Is Philadelphia Orchestra’s Financial Hole?

“[B]etween now and Aug. 31 – about 15 weeks – the orchestra must raise $3.3 million more just to reach [its campaign] goal. It’s only after that $3.3 million is raised that the orchestra can begin to put a dent in the deficit. In other words, to break even this year on its $46 million budget, the orchestra needs to raise $8.3 million in 15 weeks.”