Cinci Symphony Raises $26M, Expands Orchestra Size and Salaries
Finally, some good news from the world of American orchestras: The Cincinnati Symphony Orchestra has, over the past 14 months, raised $26 million, much of which will be used to hire 14 players over the next five years. Orchestra President Trey Devey (pictured) announced the news last night from the stage of Music Hall, explaining that, at the conclusion of the hiring spree, the orchestra will have been restored to its full complement of 90 players.
Also, the musicians of this fifth oldest symphony orchestra in the U.S. this week ratified a new, five-year contract that, by its conclusion in 2020, will have brought base pay to $106,436 a year. The orchestra's season reaches 52 weeks because it also plays as the Cincinnati Pops and is the ensemble of record for the Cincinnati May Festival, Cincinnati Opera, Cincinnati Ballet, and the Cincinnati World Piano Competition.
The monies have come from 26 local families, individuals, and foundations.