Funding Campaign Fails, New York City Opera to File For Bankruptcy

The company only raised about $300,000 of its $1 million goal

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    Associated Press/BAM
    The cast of "Anna Nicole" at the Brooklyn Academy of Music Opera House on Sept. 15. The opera about the Playboy Playmate could be the New York City Opera's last if the organization files for bankruptcy this week.

    New York City Opera's goal to raise $1 million from online contributions on Kickstarter has failed, and the company is expected to file for bankruptcy this week.

    The company announced Sept. 12 that it needed $7 million by the end of September and said it hoped to raise $1 million of that on Kickstarter.com.

    A total of $301,019 from 2,108 donors was pledged on the website, which posted a notice early Tuesday that "funding for this project was canceled by the project creator."

    City Opera, which began performances in 1944, said last week it intended to file for bankruptcy and cancel the remainder of its 2013-14 season unless it raised the $7 million by Sept. 30. As of last Thursday, the company said just $1.5 million had been pledged.

    The opera most recently did four performances of "Anna Nicole," an opera based on the life of former Playboy Playmate and reality TV star Anna Nicole Smith. 

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