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Sarasota Opera Announces Good News

2014 Annual Meeting At Sarasota Opera Hits A C8.

Maestro Victor DeRenzi and Executive Director Richard Russell met with Sarasota Opera patrons and supporters for Sarasota Opera’s 2014 Annual Meeting with an update on the state of Sarasota Opera. Along with members of the administrative staff, Maestro DeRenzi and Mr. Russell recapped highlights from the 2013-2014 season as well as shared news on what Sarasota Opera supporters can expect in upcoming seasons.

Highlights from the meeting included:

Ticket sales for the 2013/14 season were 97% of this year’s goal.

Sarasota Opera will finish the 2013/14 fiscal year with a surplus of nearly $200,000.  This will mark the second consecutive year of the company finishing with an excess of income over expense.

Thanks to a matching grant of $257,000 from The Patterson Foundation, Sarasota Opera successfully raised $514,000, the funds necessary to satisfy the debt due as a result of the Nadel clawback.

Under the direction of Sarasota Opera’s Director of Development Stacy Ridenour, Sarasota Opera exceeded its projected development income by $680,000.

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