The Minnesota Orchestra has posted an operating loss of $3.8 million on expenses of $42.6 million — the fifth deficit the state’s largest performing arts nonprofit has seen in the past six years. That loss in fiscal year 2024,

The Minnesota Orchestra, the largest nonprofit performing arts organization in the state, announced an operating loss of $3.8 million for the 2023-24 season on Wednesday.

Despite the deficit, the orchestra achieved its highest-ever levels of annual fund donations and earned revenue.

The Minnesota Orchestra reported a $3.8 million operating loss for the 2023-2024 fiscal year, despite a 22 percent increase in earned revenue. They cited the loss of federal PPP funding as a factor.