Milwaukee Symphony completes fundraising campaign

WLUK file photo.
WLUK file photo.
MILWAUKEE (AP) - The Milwaukee Symphony Orchestra has successfully completed an emergency $5 million fundraising drive, thanks to new donors.

The orchestra announced Wednesday that the goal had been met.

In a statement, board chairman Douglas Hagerman said the MSO board can now turn to "the big picture" - changes to permanently stabilize and capitalize the orchestra.

Individual gifts made up the largest portion of the campaign, at $2.8 million. That included 1,408 new individual donors contributing an average gift of $340.25 each, the Milwaukee Journal Sentinel reported.

In December, the MSO announced a one-time campaign to raise $5 million to pay off a $2 million shortfall, stabilize its cash flow and plan a balanced budget for its 2014-15 season.