- Associated Press - Wednesday, March 26, 2014

INDIANAPOLIS (AP) - The Indianapolis Opera has called off its fourth and final production of the season because of what its leaders call financial challenges.

The opera company was scheduled to present “Albert Herring” on the weekends of April 25-27 and May 2-4 at the Basile Opera Center on the city’s north side.

The Indianapolis Business Journal reports that opera officials said they started the 2013-14 season with a plan to resume putting on four productions, but decided against risking “further financial strain.”

The Indianapolis Star reports the opera’s last publicly available tax filing shows it had $613,000 in assets at the beginning of 2011. By the end of that year, those assets had dwindled to about $75,000.

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