In yet another most unfortunate announcement, another classical organization has succumbed to a lack of financial support. The Boston Classical Orchestra has filed for bankruptcy after more than three decades of programming.
A report has declared that the orchestra's declining subscriptions, a deficit of more than $100,000 and a lack of interest in new audiences are among the leading factors in the company's disbandment.
Board of Trustees President Ronald Arky explained the company's decision to part ways in a statement:
"Ticket revenues and contributions, from which we derive our operating budget, have been steadily declining over recent years as the demand for our concerts has waned. It is only through the dedication of loyal subscribers and donors that we have managed to continue our mission into the current year. It is therefore with great sorrow that I announce the cancellation of our remaining 2015-2016 concert season and the dissolution of the nonprofit organization. The concerts originally planned for March 6 and April 17 at Faneuil Hall will no longer take place."
But the orchestra isn't going to default entirely. Instead, the company's programs will be performed by a new orchestra albeit under different nomenclature. BCO music director Steven Lipsitt, then, is founding a new orchestra dubbed the Bach, Beethoven and Brahms Society.
The BCO was founded in 1980 by violinist Robert Brink with F. John Adams as its intro conductor. The group eventually became synonymous with Boston Pops conductor Harry Ellis as he led the orchestra through 1983 and 1999.
While orchestras try to stay afloat in a dwindling classical society, it's with a heavy heart that we bid farewell to an astounding company as they shut their doors over financial strife once more.
Preview the orchestra below.
