WHO IS REALLY RUNNING THE NEW YORK CITY OPERA?
DATELINE: June 21, 2009, Chicago
Robin Pogrebin of the New York Times did a bang-up job this past week when she reported on the New York City Opera’s perilous financial condition. City Opera Tries to Hold Off the Ultimate Finale (June 17, 2009). Her in-depth article deserves to be read by everyone who is interested in nonprofit governance.
Quite the Mess. The New York City Opera is in a financial mess. Pogrebin reports that the company’s endowment has dropped from $57 million in 2003 to...
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