Business and culture

Opera: Bologna steps up its fundraising efforts, with private donors stepping in to support the Comunale

Around 2.7 million raised in 2026 for routine activities and major construction projects

Elisabetta Riva, sovrintendente del Teatro Comunale di Bologna  (Roberto Serra / Iguana)

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

Renovation work is currently underway at Bologna’s opera house, the Comunale, which, from 14 February, will bring its its artistic activities ‘home’ from 14 February, following four seasons of performances at other venues across the city, whilst its historic home was (and remains) undergoing major renovation work funded by the City Council using its own, regional, national and European funds, totalling around 20 million euros. The new opera season (nine productions, seven of which will be staged in the restored Sala Bibiena) will therefore get under way on 2 March, in a theatre that is new not only in terms of its structure, but also in its programme and organisation.

The new Municipal Theatre

In fact, the projects currently underway are not merely physical ones, but also involve vision and content, explains Superintendent Elisabetta Riva, who, since taking up her post in mid-2025, has brought a strongly managerial and entrepreneurial approach to the running of the opera foundation. ‘My aim, over the five years of my term of office, is to increase the foundation’s sources of income by opening up more to supporters and private sponsors, without compromising our identity as a cultural and artistic institution, whilst embracing new experiments and activities that will also enable us to make our theatre more accessible and more international, increasing our audience of young people and visitors from abroad,” explains Riva.

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Balanced budget

It has set to work, together with the governing board, to achieve this. The 2025 financial statements closed with a production value of 26.4 million euros (+5.5 per cent compared with 2024) and a profit of 1.18 million, a significant improvement on the previous year’s deficit of 1.6 million, restoring the foundation to financial equilibrium. Audience numbers also rose during 2026, increasing by 6.7 per cent in the first six months compared with the same period in 2025, with a particularly encouraging figure for under-18s, whose numbers almost doubled (+99 per cent).

Above all, however, the new management has significantly stepped up fundraising efforts. “When I arrived, contributions from private individuals – including donations and sponsorship – totalled around 2.3 million. This year, we’ve already reached around 2.7 million thanks to the new projects we’ve launched,” explains the superintendent.

Three fundraising projects

Two projects are linked to the theatre’s renovation works (‘Cantiere Itaca’) and therefore have a deadline: the first concerns the refurbishment of the offices and catering area and is funded by Alfasigma, a long-standing supporter of the Comunale, with a grant of 1 million. The second (also amounting to around one million euros) involves the refurbishment of the auditorium, the boxes, the vaulted ceiling and the portico, and involves six patrons: Pelliconi, Alfasigma, Banca di Bologna, Reekep, IMA and Stefano Golinelli.

Alongside this latest project, an innovative corporate membership scheme (‘I 72 Nostoi’) was also launched last November, aimed at private individuals as well as SMEs and professionals, with a minimum contribution of 15,000 euros. To date, 45 companies have signed up, but the project – which aims to raise one million euros – will continue to develop until 2028.

Andrea Compagnucci, the ANFOLS (the association of opera and symphony foundations) representative responsible for fundraising projects, also contributed to the development of these initiatives; he has also promoted the successful activities of the Arena di Verona and the Carlo Felice in Genoa. “Today, opera foundations need additional resources on top of public funding and ticket sales,” notes Compagnucci. For organisations such as Bologna, around 2 million euros more per year is needed, a figure derived partly from fundraising and partly from other activities, such as theatre tours and the hire of venues.” The Comunale di Bologna has considerable scope for improvement in these areas, assures Superintendent Riva.

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