Opera Boston to Close January 1, 2012, by Michael Miller
With no advance warning, Opera Boston board chair Winifred P. Gray and board president Gregory E. Bulger have issued a statement that Opera Boston faces “an insurmountable budget deficit” of $500,000 and will cease operations on Jan. 1, 2012.
The announcement cited “lackluster fundraising in a tough economic climate” as the main reason for the closure. The staff was notified yesterday.
“The Board realizes that this development will come as a shock to the Boston arts community, and it is not a decision we made lightly,” Gray said in this morning’s statement. “The Company has had many artistic triumphs in its recent history, and has many fans. However, as the end of the year approaches, we find ourselves in a financially untenable situation, and the responsible thing is to work with our creditors and cease operations.”

