The New York Philharmonic made the historic decision this week to cancel its entire performance season. The president of the famed symphony orchestra Deborah Borda said on Tuesday that it had lost a combined $30 million in ticket sales for this season and next. The orchestra’s total budget for the 2019-2020 season is $87 million. Borda said the company raised more money than expected from individual donors. But that money, “cannot make up for those massive amounts of lost ticket revenue," she said. Because we live on earned ticket revenue.” The New York Philharmonic is the oldest orchestra in the United States at 178 years old. It is part of the country’s so-called “big five” symphonies. It has continued its performance seasons through crises including the Civil War, Great Depression, the September 11th terror attacks, and even other disease outbreaks. But the spread of the new coronavirus, and restrictions related to it, has brought the organization to its breaking point. The full Philharmonic has not performed since March 10. It announced on June 10 that it had canceled the autumn part of the 2020-21 season and would restart normal performances in early January. About seventy Philharmonic support employees have lost their jobs. Orchestra musicians have seen pay cuts of 25 percent.