In a sign that the Metropolitan Opera may be easing itself out of several years of recession-battered books, company officials said Wednesday that the opera expects to achieve a balanced budget this year for the first time since 2004.
While specific financial figures for the current fiscal year, which ends July 31, will not be released until next spring, a spokesman for the company, Peter Clark, said the balanced budget can be attributed to increased revenues.
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%0D%0A%20%20While%20specific%20financial%20figures%20for%20the%20current%20fiscal%20year,%20which%20ends%20July%2031,%20will%20not%20be%20released%20until%20next%20spring,%20a%20spokesman%20for%20the%20company,%20Peter%20Clark,%20said%20the%20balanced%20budget%20can%20be%20attributed%20to%20increased%20revenues.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Fmetropolitan-opera-finances-hit-high-note%2F" target="_blank" class="email" data-post-id="18739" type="icon_link"> Email Email
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