Cowen says the need for money has increased over the last few years, but raising money to meet that need isn’t always feasible. He says the recession and competition among entertainment media will likely force many arts groups to rethink their operations.
The Louisville Orchestra has been granted an emergency payment to meet Monday’s payroll.
The orchestra has filed for Chapter 11, but last month a judge ruled that management must honor its contract with the musicians.
The concerts will be free, but donations will be accepted. Musicians Association chair Kim Tichenor says the idea for Keep Louisville Symphonic grew out of negotiations between the musicians and orchestra management. She says the musicians wanted to raise money to close a budget gap, but the management insisted on pay cuts and a smaller orchestra.
As part of their Chapter 11 filing, the Louisville Orchestra will not be able to pay musicians after Wednesday. That means the Louisville Ballet will dance The Nutcracker to recorded music for the final few performances. But the orchestra’s musicians will keep playing holiday concerts.
Teachers across Kentucky can now apply for Teacher Initiated Program grants for short-term artist residencies for the fall 2011 school year.
Carrie Nath, Arts Education Director for the Kentucky Arts Council, says it provides a more hands on way of learning.
Bankruptcy isn’t a new idea to the Louisville Orchestra—its leaders nearly declared it in 2006. And they wouldn’t have been alone. In recent years, ensembles in San Jose, San Antonio and Honolulu have all gone through bankruptcy proceedings.
The organization is about 500 thousand dollars in debt and will not be able to meet its payroll for musicians beyond December 15th. Further, orchestra CEO Rob Birman says the ensemble must emerge from bankruptcy with a 5.75 million dollar annual budget. Its current budget is 6.9 million dollars.
A large anonymous donation has reportedly been given to the Louisville Orchestra. The donation will allow the ensemble’s musicians to be paid this week.
The administration and musicians of the Louisville Orchestra met Tuesday to continue talks about how to keep the ensemble solvent. An agreement may still be weeks, or months, away, and it could come through outside help.
The Louisville Orchestra’s musicians say they are being asked to take staff and pay cuts. The musicians released a statement Monday offering their side of the ongoing contract negotiations between their union and the orchestra administration.