Metropolitan Opera Posts Budget Surplus, Year After Big Deficit, Strike

“The opera company, founded in 1883, on Wednesday said it closed its most recent season in the black, with a balanced budget and a $1 million surplus. The preliminary financial results, which haven’t been audited, are an improvement from the Met’s previous fiscal year. Last November, the company reported a $22 million shortfall for fiscal 2014 soon after it averted a potential lockout by striking a series of deals with unions representing its musicians, singers and stagehands.&