P.E.I. Symphony enters new season debt free - Action News
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PEI

P.E.I. Symphony enters new season debt free

After years of struggling with finances, the P.E.I. Symphony is heading into a new season debt free.

President Bruce Craig credits board for help getting out of debt

The P.E.I. Symphony had a debt of $60,000 at one point. (PEI Symphony Facebook)

After years of struggling with finances, the P.E.I.Symphony is heading into a new season debt free.

The organization's presidentBruce Craig says increased membership, private support and government grants have helped turn things around at one point the group had a $60,000 debt.

"Four years ago we were very much in the hole and there was very much a question as to whether the symphony was goingto be able to keep going but we've been able to retire the debt entirely," Craig said.

"And with this last year we've actually been able to start to create a special account to move us forward."

Craig said things are looking very good with an ambitious season planned.

"Raising money for the symphony is a challenge, there's no question about it."

He credits the turnaround to the hard work of the board which has resulted in increased grant funding and sponsors.

Craig addedhaving an executive director in place hasalso helped.

TheP.E.I.Symphony held somespecial programming to mark its50thanniversary in 2017.

The2018 season begins Oct. 21 at the Zion Presbyterian Churchwith special guest-cellist Denise Djokic.

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