Drew McManus on the orchestra business.
I’m very pleased to announce the official launch of Venture Arts Incubator (VAI), an incubator exclusively for businesses that cater to the arts field. VAI’s Success Is Measured By Participant’s Success Far too often good business ideas die early deaths due to a lack of resources and support during critical startup and stabilization phases and business plans end up looking like this: Step 1: create business Step 2: ?????????????? Step 3: …
Now that the 2015 Orchestra Compensation Reports are all wrapped up, it was time to update the compensation reports index page, which is where you can find direct links to articles in the annual series stretching back to 2005, that’s eleven years of articles! The new compensation reports index page features a graphic interface that works even better than before on mobile devices. You can also find an updated Financial Reports …
In the wake of the landmark United States Supreme Court ruling on Obergefell v. Hodges, employers that offer spousal benefits will be required to do so for same sex couples. An article in the 6/26/2015 edition of The Wall Street Journal (WSJ) by Rachel Emma Silverman reviews the FAQs that impact employers as a whole and is a good resource for orchestras. By and large, orchestras are comparatively progressive employers in …
Too Much Information! For the past few years, one of the most popular items in the orchestra compensation reports is a big picture overview of all compensation alongside Total Expenditure figures and it seems that adding more orchestras in this year’s reports tripped the threshold for how much info the responsive charts could process (those are the nice info tables that rearrange everything into single columns on smaller devices, like Smartphones, …
For the second season in a row, the average concertmaster experienced a decline in compensation, although that statistic is a bit misleading thanks to an unusual spike in the 2010/11 season for a single concertmaster with record setting compensation. When that figure is filtered out the equation, average concertmaster compensation had a small increase from 2010/11 to 2011/12 then a 2.69 percent drop from 2011/12 to 2012/13. Otherwise, the 2012/13 season …