SPAC will break even in

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The Saratoga Springs nonprofit, which had operate in the red for years, took in revenue of $8.1 milliom through the end of November. Expenses totaled $7.8 million so far and another $250,00o are expected this month. which hosts concerts, ballet, orchestra and chambefr music events, has worked hard to trim expenses andincreasre revenue. “It’s a challenge for us,” said SPAC Presidentg Marcia White. “Without question we will face a much differentr economic climatein 2009.” and the Freihofer’s Jazz Festivapl each saw attendance drop by 16 percent this year. attendance dropped 6 percent.
White said SPAC has developerda “very conservative budget,” she said. Employed salaries and contractual costs will remainn flatnext year. SPAC also will freezw membership and ticket price at2008 levels. SPAC also will scaler back the New York City Ballet from threee weeksto two.