Wednesday, December 20, 2006

Tapestry announces surplus for 2006

A press release that I received this afternoon lists Tapestry New Opera Works' surplus for the fiscal year ended August 31st 2006 as a whopping $124, 623. This surplus qualifies the company for a the largest possible matching grant from Creative Trust. Says Managing Artistic Director Wayne Strongman:

It’s been a fantastic year! The relationships that have been so carefully cultivated for many years are now bearing fruit: a New York premiere, the new Studio Company and of course the financial success are all signs that Tapestry is healthy and vital and making a significant impact in the opera community. This surplus is particularly gratifying because it represents the flexibility and resilience of our company through a year of unprecedented change and renewal.

Congratulations to all at Tapestry for achieving these astonishing numbers.

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