The Rose Ensemble, with artistic director Jordan Sramek at left. (photo courtesy the Rose Ensemble)
The Rose Ensemble recently played its "Finale Concert," concluding a season that was supposed to be its last.
But the Twin Cities early-music group, which a year ago faced "a financial deficit too overwhelming to overcome," may not be going out of business after all.
In a statement late Monday, the ensemble said that the 2018-19 season "yielded earned revenue and contributions far beyond expectations." As a result, the ensemble's board of directors decided "to leave the organization's books — and its options — open for at least another year.
"For now, dissolution has been called off."
Founded in 1996, the Rose Ensemble carved out a distinctive niche in the rich ecology of Twin Cities music. Detailed historical research went into many of its programs, which spanned an unusually broad range of musical periods from Mexican and Maltese baroque to the Prohibition era in America.
Its 11 albums attracted national attention, and in 2018 the Ensemble won Early Music America's prestigious Laurette Goldberg Award "for lifetime achievement in early music outreach."
At the same time, its finances were deteriorating. Weighed down by "lower-than-expected ticket sales, stagnation in institutional funding, and significant legal expenses associated with a random audit by the Minnesota Department of Employment and Economic Development," the organization said 13 months ago that the 2018-19 season would be its last.