Gockley’s successor, Matthew Shilvock, estimated earlier this year that the operating budget for 2022–2023 would be “in the low 90s,” nearly double the 2021 pandemic-depressed figure. Matthew Shilvock | Credit: Kristen Loken/San Francisco Opera Operating budget: $92 million season subscribers: 80,000 ticket sales providing percentage of budget: 29%. Still, the company has assets in excess of a third of a billion dollars at the end of fiscal year 2019, they equaled $273 million, and even with COVID problems, total assets sharply increased at the end of 2021 to $370 million.Įight years ago, which seems like an eternity now, former General Director David Gockley, fighting the effects of the previous downturn in the economy, forecast for the centennial year, with surprising accuracy about the budget.

The budget stayed at $70.5 million in fiscal year 2020, still including income from 2019, but dropped to $52 million in fiscal year 2021 as the result of closures in 2020. The War Memorial’s new seats as of 2021 | Credit: Kristen LokenĬoncerning budget: SF Opera today is a huge organization, running before the pandemic on a $78.5 million operating budget, involving hundreds of employees, orchestra musicians, soloists, chorus members, technicians, costumers, makeup artists, security, and stagehands.

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