Wednesday, November 12, 2008

Financial Trouble for Opera Pacific

California-based Opera Pacific recently announced that it was cancelling the remainder of its 2008-2009 season, and anticipates closing its doors completely. The company blames the recent economic crisis and its impact on donations, but the problem might have been avoided if the company had focused more on its long term growth. As our evaluation shows, Opera Pacific’s performance in the area of Organizational Capacity is poor; this indicates that the company is not well positioned to sustain itself over time. This isn’t a new problem for the organization; in each of the last four evaluations we have performed, Opera Pacific has received just one out of four possible stars in the area of Organizational Capacity.

This is just further evidence that donors should give to financially healthy organizations, because those that aren’t healthy might not be around for long. If you’re an opera lover, consider donating to one of these highly-rated opera companies, and help preserve the future of this art form.

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