Re:The Board of Directors Announces the Dissolution of the S...
by bell-cot on Friday June 17, 2022 @05:29AM
(#31775917)
Call me old and cynical...but my read of the letter was "We are financially dead & headed to the Chapter 7 chop shop". Followed by all the required-by-social-conventions things they're supposed to say, regardless of truth.
From skimming a couple sources, it sounds like the Symphony had profound financial problems, going back decades. Prospective local donors & sponsors tend to have long memories of such things. A little local non-profit can't play corporate name games to escape from a bad reputation. Nor count on attracting the best of board members or managers.
I agree that the nuances, details, "could it have been saved?", local cultural institutions, etc. are important. But unless some long-term insider from the SAS pops up here on HN, I don't think we've any chance to find out. :(
The nuances around went it died are also important. Could it have been saved with a different managerial approach? That's especially relevant for a cultural institution.