Orchestras Don’t Survive On Earned Income. In Other News, The Sky Is Blue
The 11/15/2016 edition of the New York Times published an article by Michael Cooper that examines a recent report form the League of American Orchestras announcing most orchestras rely more on unearned then earned income. Unearned income includes revenue not directly related to a consumer paying for a service, such as donations, investment income and grants. Earned income encompasses ticket sales (annual and single) and fee based services such as an …