The last two KLS concerts have been fundraisers for the group, but proceeds from Saturday’s event will go to tsunami and earthquake relief in Japan. The previous concerts were also full orchestra performances, but spokesperson Donna Parkes says the next concert will feature smaller chamber ensembles made up of orchestra musicians.
KLS held a free show last month and collected about $50 thousand in donations. Their concert Friday will not be free. Musician Kim Tichenor says the money raised will be used to pay overhead for future concerts. The rest of the money is being put in a fund. Tichenor says that money could be used to start a new ensemble if negotiations with the Louisville Orchestra don’t work out, or it could go to the orchestra if they decide to keep the current players on contract.
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 orchestra is under court order to honor the musicians’ contract, despite a Chapter 11 filing. The body does not have the money on hand to pay the musicians, and management has reportedly sought to tap the endowments.
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.
Louisville Orchestra musicians must be paid, despite the orchestra management’s Chapter 11 bankruptcy filing. That’s the ruling a federal judge handed down Wednesday. The ruling gives the orchestra’s board of directors limited options for what to do next.
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.
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.