Quick Orchestra Facts (2001-2002)
The economic climate of the 2001-02 season, coupled with the impact of the terrorist attacks of September 11, 2001, dampened nearly a decade of growth for America's orchestras. In most cases, earned and contributed revenue increased, but only slightly. Expenses increased somewhat faster than income, but at a slower rate than in previous years.
Concert Attendance for all orchestra concerts (including education and other events) remained above 30 million seats for the seventh year in a row - declining 3.9% from the 2000-01 season, but still up 11% from ten seasons ago. Attendance at subscription concerts (classical and pops) increased slightly (less than 1%) in 2001-02. Orchestras offered a total of 37,000 concerts in 2001-02.
Concert Income and Endowment Income each increased to record levels of $661 million. Overall earned revenue declined 1.4% from last season because of a 12% drop in other earned revenue (presentations, hall rental, program advertising, gift shops, etc.)
Public and Private Support were also at record-high levels in 2001-02. Contributed Income reached $580 million - a 3.6% increase from the previous year, 40% from five years ago, and 82% from a decade ago.
Public Support increased significantly to $67 million in 2001-02, a 9% increase from the previous year, with the majority of this increase coming from local and federal government grants. These two categories compensated a 6% cut in state funding.
Private Contributions (led by an increase in individual and independent foundation giving) also displayed growth in 2001-02 - up 3% from last year, 44% from five seasons earlier, and up more than 100% from a decade ago.
Total Income increased nearly 1% in 2001-02. However, total expenses increased 2.5%, causing a majority of orchestras (55%) to report an operating deficit for the first time in a decade. The cumulative deficit incurred by orchestras in 2001-02 represents less than 3% of this $1.4 billion industry.
Calculations are based on 195 member U.S. orchestras that participated in the League's 2001-02 Orchestra Statistical Survey. Unless otherwise noted, the amounts reported have been extrapolated to America's 1,200 adult orchestras. Information for the 600 collegiate and youth orchestras is not included.