The decision to stave off the closure of the San Diego Opera is still in question, and now the institution has until the end of April to nail down its fate.
Since Ian Campbell, general director for the opera, announced the possible closure last month, daunting facts about the institution’s finances have emerged. With about 10,000 fewer tickets sold this year compared to 2010, the Opera is projected to run out of money by January.
Aside from its need to pay off contractors and debt, the institution would need to raise $10 million just to get through 2015.
In this episode of San Diego Explained, NBC 7’s Catherine Garcia and Voice of San Diego‘s Scott Lewis lay out some options for the opera, and considerations to keep in mind.