Getting It Done
Houston Grand Opera pulls off a balanced budget in hard art times
In times of economic instability, slashed budgets and financial shortfalls are all too common. The fine arts are oftentimes the hardest hit, so it's refreshing to hear that some organizations provide consistent entertainment while meeting the bottom line.
Such is the case with the Houston Grand Opera: After a successful season, HGO expects to end its fiscal year on July 31 with a balanced budget and more than $15 million raised for HGO's five-year comprehensive campaign.
This marks the third consecutive year that the HGO Board's Annual General Meeting anticipated budget adherence.
Leech credited HGO's board, donors and supporters for the cycle of outstanding productions, which bring increased funds, which bring more outstanding productions.
"Artistic quality coupled with financial responsibility is unquestionably the way forward for Houston Grand Opera as we seek to grow the company in the future," Perryn Leech, HGO managing director, said in a statement.
Leech credits HGO's board, donors and supporters for a cycle of outstanding productions, which bring increased funds, which bring more outstanding productions.