The 31-year-old orchestra will be dissolved because it couldn’t get the funding it needed in a short period of time.

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SALEM, Ore. — The Salem Chamber Orchestra is filing for bankruptcy and will be dissolved.

Board of Directors President Rebecca Kueny says the orchestra won’t get the funding it needs in a short period of time. The board decided last month to cancel the season’s remaining concerts.

Kueny tells the Statesman Journal that the demise of the 31-year-old orchestra is “a huge loss for Salem.” She says the bankruptcy filing is expected on Friday.

The orchestra’s interim director, Teresa Cox, says revenue has declined since the onset of the 2007 recession. The budget shortfall from declining donations and ticket sales is estimated at $100,000.

Three other Salem arts organizations say they’ll accept unused chamber orchestra tickets at some of their upcoming music events.