Osmo takes 10% Salary Cut. President Bruininks?
Minnesota Orchestra to cut budget, staff, salaries
State's largest arts organization will trim annual expenses by 14 percent and reduce Osmo Vänskä's salary by 10 percent.
Staff was told Friday that the budget would be reduced by 7 percent based on a projected budget of $32 million in 2009-10. That includes an existing $1 million cut, an additional $300,000 in this budget year and $1 million in fiscal 2009-10. The orchestra is the state's largest arts organization by budget.
The cuts include:
Salary reductions of 10 percent and 7 percent respectively for Music Director Osmo Vänskä and President and CEO Michael Henson. Vanksa's compensation was listed at $786,274 in 2007 tax returns.