Monday,
May 20

 
SA CHISME

The OTSA public business plan


As yet unproven Opera Theater San Antonio is the fortunate recipient of almost $50,000 in City arts funding that was left in the wake of the San Antonio Opera's collapse. City Council agreed to pass along a significant chunk of the abandoned funding in exchange for matching funds and a business plan. We're told the matching funds are now in place (founder Mel Weingart pledged half of it at an otherwise slow-burn fundraising pitch in April), and a business plan is on file – although it includes little in the way of concrete income numbers and no named financial commitments – nothing to assure opera lovers that this venture will get off the ground in time for the 2014 opening of the Tobin Center for the Performing Arts, where it's expected to be a resident company. Maybe we're just getting too accustomed to Kickstarter campaigns, in which a prominent ticking clock and commitment tally prods supporters to make it happen. A call to Weingart hasn't been returned yet. The organization is planning a May 2013 gala concert fundraiser in partnership with the San Antonio Symphony, with an estimated cost of $350,000.

Download and read the business plan here.


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