Baltimore Opera Company officials said yesterday that they must raise $600,000 in cash and pledges by December or face bankruptcy before the end of this 40th anniversary season.
Founded by renowned diva Rosa Ponselle, the company is operating with an $800,000 deficit, half of which was incurred last season.
The opera has received $400,000 in cash and pledges in the last several months, but much of that money is contingent on raising an additional $600,000 to meet a $1 million goal by the end of the year.
The opera hopes to raise $250,000 from its 5,500 subscribers.
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