IBJNews

Opera chief: Group won't fold

Back to TopCommentsE-mailPrintBookmark and Share

Indianapolis Opera is staring down a $400,000 budget gap, but Executive Director John Pickett says the company isn't folding.

"We don't want to give any indication the company is going out of business at all," he said Friday morning.

The opera on Thursday said it would cancel its third production of the season, Gilbert and Sullivan's "The Mikado," which was scheduled for March 19 and 21 at Clowes Memorial Hall. The opera is billing the move as a "postponement," saying it will schedule the same show for next season, which begins in the fall.

Ticket holders and subscribers will be offered credit for a rescheduled performance, or a refund. As a third option, the value of the tickets could be counted as an immediate, tax-deductible donation.

Cancellation of "The Mikado" will also impact Clowes, the Indianapolis Chamber Orchestra and various contracted singers. The show was also supposed to include participants in the opera's young artists program. Pickett said his artistic team is working to replace the young artists' performance with a smaller, low-budget show that can be staged at the Basile Opera Center, the former Holy Trinity Greek Orthodox Church.

Cutting "The Mikado," a $275,000 production, will save the opera about $150,000. The difference includes deposits and other expenses that cannot be recovered. Pickett said he'll be looking for other budget cuts and new donations to cover the remaining shortfall.

In the worst-case scenario, Pickett said the opera could tap the assets of its small endowment. He's also hoping for a sale of the opera's office building at 250 E. 38th St.

Indianapolis Opera had already reduced its current season from four shows to three. Then grants that were figured into the current $2.65 million budget didn't materialize or were reduced. Pickett declined to discuss details of the grants because, he said, the grant makers are still very supportive of the opera.

The budget crunch prompted the board of directors to issue a $40,000 matching gift challenge in November. The fund-raising letter that Chairman Garry Fredericksen sent out at the time said the company was in a “battle for survival.”

The campaign was successful, Pickett said, but it wasn't enough to close the budget gap.

"We have some challenges in front of us," Pickett said.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

ADVERTISEMENT