TSO in debt, report says
Posted November 25, 2010 9:11 am.
This article is more than 5 years old.
The Toronto Symphony Orchestra has hit a sour note in terms of its finances.
The orchestra is running a deficit of nearly $500,000, pushing its accumulated deficit to over $9-million.
The Toronto Star has reported a lack of fundraising is part of the problem. It has has fallen by a third over the past year.