Measures taken to reduce financial impact of pandemic, prepare for future success
HYANNIS, MA—June 8, 2020
The Cape Symphony & Conservatory is taking measures to reduce expenses in light of the lost revenue caused by the COVID-19 pandemic. These cost-savings solutions include furloughing staff, who are eligible for unemployment compensation, and reducing salaries for working staff.
Cape Symphony & Conservatory leadership and the Board of Trustees developed this strategy to reduce expenses with a focus on fiscal responsibility and prudence during this unprecedented time. They also plan to step up fundraising efforts with the goal of supporting the organization’s return to full function.
“While we regret having to take these actions, we must do what is necessary to bring the organization through to the other side of the ongoing health crisis,” said Michael Albaugh, Executive Director, Cape Symphony & Conservatory. “I am so grateful to our whole team for their support and understanding. Their passionate belief in the future of this organization gives me such hope.”
Ellen Dickinson, Chair of the Cape Symphony & Conservatory Board of Trustees, said, “Everyone in our organization, from my fellow trustees, to the leadership, staff, and faculty, to the musicians of the orchestra, is committed to our future. Today, we are making some painful decisions, but we do so with the goal of preserving our viability as a preeminent cultural organization dedicated to the people of Cape Cod.”
Albaugh added, “Our strategy is to return to entertaining and engaging with our community with greater impact than ever before. Together, we will do more than survive; we will thrive.”
More information
• Donate online to support the Cape Symphony & Conservatory via capesymphony.org/give.
• Artistic Director & Conductor Jung-Ho Pak has launched a web series called ENJOY! Episodes are available on the Cape Symphony’s Watch page, YouTube channel, and Facebook page.
• Sign up for the weekly newsletter to receive new episodes of ENJOY! and stay up-to-date on the latest news.
For questions, please call 508-362-1111 or email
Media Contact:
Jen Pitta, Public Relations Specialist
508-954-0160;
About Cape Symphony & Conservatory
Cape Cod’s very own orchestra, Cape Symphony, performs at the Barnstable Performing Arts Center in Hyannis. From popular hits to magnificent classics, highlighting hidden gems and putting a new twist on standards, the emphasis is always on fun, surprises, and beautiful music. Led by Artistic Director and Conductor Jung-Ho Pak, the Cape Symphony provides an experience like no other. Cape Conservatory’s commitment to arts education for all ages includes musical instruction as well as classes in dance and visual art at campuses in Barnstable and Falmouth. Its Preschool program is known for blending traditional academics with the arts. Through MusicWorks! Everyday and other community outreach programs, Cape Conservatory brings an array of engaging programs to thousands of students on the Cape and Islands. Visit www.capesymphony.org and www.capeconservatory.org for more information.