The State of the Region: Hampton Roads 2004
The Virginia Symphony Orchestra (VSO) ranks well when compared to orchestras in regions of similar size and wealth, and in maestro JoAnn Falletta boasts a distinguished musical director. However, the symphony has accumulated a debt of approximately $2 million. Determined fund raising may reduce this debt, but the VSO’s ultimate challenge is to attract a larger and more diverse clientele. If it does not, it could join a half dozen other regional orchestras throughout the country that recently have been forced to contract significantly or even declare bankruptcy.
Regional Studies Institute, Old Dominion University, "Part 4: The Virginia Symphony Orchestra: The Valiant Struggles of a Cultural Jewel" (2004). State of the Region Reports: Hampton Roads. 125.