Drew McManus
You Don't Want To Be On This List
Fri, Jun 6, 2011
by Drew McManus
Earlier this month, the Internal Revenue Service (IRS) published a list of organizations that have had their federal tax-exempt status automatically revoked for failing to file an annual information return or notice for three consecutive years. If you read Butts In The Seats, you already know what this is all about and since Joe did
Have I Got A New Revenue Stream For You
Thu, Jun 6, 2011
by Drew McManus
Big or small, a new revenue stream is a new revenue stream. And if you can tap into it without investing any real time or treasure then all the better, right? What it you could have all of that and the new revenue stream would also improve operation efficiency? In short, I’ve got two words
A Little Irreverence Would Do Us Good
Wed, Jun 6, 2011
by Drew McManus
In case you missed it, the 2011 Tony Awards offered up a fabulous opening number featuring Neil Patrick Harris that takes a “different approach” to dealing with the audience development and financial challenges that stalk performing arts orgs. But unlike the Debbie Downer style “straight talk” adopted by some service organizations, the theater field seems
Get Money, Get Paid
Mon, Jun 6, 2011
by Drew McManus
Two articles worth looking into came out last week that touched on what will almost certainly become an increasing flashpoint of attention in coming months: executive compensation. First up is Peter Dobrin’s article in the 6/9/2011 edition of the Philadelphia Inquirer that takes a long look at recently released compensation figures for Philadelphia Orchestra Association
The League: Then And Now
Fri, Jun 6, 2011
by Drew McManus
I had the opportunity to watch the opening segment of the League’s Red Alert! plenary session which consisted of a speech from League CEO Jesse Rosen. He read a list of current orchestra bankruptcies (Philadelphia, Syracuse, Honolulu, New Mexico, & Louisville) and defined them as “critical situations” that have “erupted” since 2008. He said they
