Last September in Metro Pulse, I reported on the relatively stable financial position of Knoxville's major music organizations, including the Knoxville Symphony Orchestra. Unfortunately, things aren't going as well for our music friends in Middle Tennessee. After several months of doom-and-gloom news blurbs on the Nashville Symphony Orchestra and its Schermerhorn Symphony Center debt, Bank of America announced a foreclosure on the Center this week. The Tennessean ("Audit of Nashville Symphony questions its future") now reports that an independent audit of the symphony's financial status is not very optimistic.
The Nashville Symphony Orchestra is an excellent music organization with strong programs and a wealth of talented players. Here's wishing them luck on repairing the current problems.