Drew McManus on the Orchestra business | est. 2003

Finance

How Realistic Are Your Budget Projections?

Tue, Jun 6, 2022
by Drew McManus
It’s not exactly earth shattering to say that budget projections are a squishy dark art (at best). But some of what I hear from colleagues on the earned income side of budget projections has been fascinating when it comes to the 22/23 season. While some are still embracing what I would consider a prudent approach
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What You May Have Missed From The President’s Remarks On Vaccination Requirements

Mon, Sep 9, 2021
by Drew McManus
While news about the new Federal vaccination standards for businesses that employ 100 or more employees is welcome news for most nonprofit performing arts orgs, there are a few additional details in the President’s remarks from 9/9/21 that you may have missed but need to be aware of. Patron Mandates May Not Be Far Away
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Did You See The News About The PayPal Fee Increase For Nonprofits?

Fri, Jul 7, 2021
by Drew McManus
Just a quick post today to point out that even though they didn’t make much noise about it, PayPal recently announced a range of fee increases that go into effect Aug 2, 2021. For nonprofits, the new rate includes a 63% increase to the per transaction rate ($.30 to $.49). This will hit groups looking
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More On The Dynamic Costs Of Doing Business In The Immediate Post-Pandemic Environment

Mon, May 5, 2021
by Drew McManus
The 5/1/21 edition of The Washington Post published an article by David Lynch and Yeganeh Torbati that examines the spike in costs for rental cars due to those companies’ decisions to slash the size of fleets to save costs over the pandemic. Nutshell: those cuts combined with the amount of time it takes to restock
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Did You See That The SBA Just Extended Lending Limits For Economic Injury Disaster Loans?

Thu, Apr 4, 2021
by Drew McManus
Last week, the U.S. Small Business Administration announced it is increasing the maximum amount small businesses and nonprofit organizations can borrow through it’s COVID-19 Economic Injury Disaster Loan (EIDL) and EIDL Advance program. Starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months of
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Adaptistration by Drew McManus LLC is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International.
Permissions beyond the scope of this license may be available at https://adaptistration.com/about/terms-of-use-and-permissions/.

PROFESSIONAL DISCLOSURE

Given the author’s position as an arts consultant and technology provider, he does not publish articles examining or focusing on current clients without first obtaining the client’s written permission.

EDITORIAL COMMITMENT

In order to ensure accuracy and provide a comprehensive perspective on any topic, I allow any individual or person officially representing an organization that appears in any Adaptistration article to submit a response which will be published, unedited. Responses are limited to 200 words and must address the issues at hand and the individuals and/or organizations must also be willing to maintain an open dialog for continued discussion.