Minnesota Orchestra posts $650,000 deficit

December 3, 2014 11:13 AM

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The Minnesota Orchestra says it has ended the 2014 budget year with a smaller-than-expected deficit of $650,000.

The orchestra announced Tuesday that it reduced its deficit despite a 16-month lockout of union musicians that ended Feb. 1. It posted a $1.1 million deficit in 2013 and a $6 million deficit in 2012.

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