Virginia Symphony in the red
Hampton Roads' Virginia Symphony, which began its 2007-08 season with a $6.5 million budget and no debt, begins this season about $1.5 million in the red, The Virginian-Pilot of Norfolk reports:
http://hamptonroads.com/2008/09/virginia-symphony-orchestra-about-15-million-debt
The Richmond Symphony, by contrast, finished last season with a $21,000 surplus on a budget of nearly 4.8 million.