20. April 2011 · Comments Off on New Mexico Symphony Orchestra RIP · Categories: Another One Bites the Dust

After years of financial woes that included musicians going months without pay, the New Mexico Symphony Orchestra will cease to exist.
The board of trustees voted Tuesday to file for Chapter 7 bankruptcy, which will effectively dissolve the organization and end its current season, according to a spokeswoman.
“NMSO, like other orchestras around the country, has been hit hard by the decline in corporate gifts, changes in music taste, competing venues and the economy,” Chairman John Slipke said in a statement.
“We are saddened by this decision and inspired by the staff and musicians’ commitment to continue working for four months without pay as we all worked together in our attempt to make NMSO a viable organization.
“The board felt we no longer could ask for the sacrifices that have been required of those who work for us. The board recognizes its responsibility to protect its limited assets so that they can be shared with creditors appropriately.”
NMSO will file for bankruptcy today. More than 80 musicians and staff members will be out of a job.

Read the whole sad article.

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