Message from the President - January
I'm writing this on New Year's Day, looking out into a backyard
that finally has some snow covering. I hope that your holiday,
however you chose to spend it, was exactly what you wanted.
2011 was a difficult year financially for OST. Not only did we
not receive one of our grants, but the box office receipts for
the Fourth Stage series were somewhat disappointing. However,
we had a substantial cumulative surplus from earlier years, and
we have been able to weather the storm and still retain a smaller
surplus. On a positive note, our programs were an artistic success,
and even though our audiences were smaller than we had hoped,
they were, as planned, more diverse.
Our community programming has remained strong, with a successful
Children's Day in November, and expansion of our offerings to
the Collected Works bookstore and cafe on Wellington.
The board, other volunteers, and our Managing Artistic Director
have been working hard to develop strong fund-raising programs,
and we are already beginning to see the results. Even though the
loss of grant money will carry into 2012, we have budgeted so
that our program planning, including another major international
festival, has remained substantially intact.
All the best for 2012.