Back in January of 2012 I published a post titled Do Some Orchestras Exaggerate Their Financial Position For Negotiation Leverage? Like most topical subjects, there was examination elsewhere throughout the culture blogging community with some in the Chicken Little circles suggesting such a notion was ludicrous. Consequently, I found Thomas Cott’s 8/21/12 newsletter fascinating as it highlights yet another concrete example of this sad scheme that the Chicken Little crowd might have a tough time brushing off.
Finance
With Savings Like These, Who Wouldn’t Want To File For Bankruptcy?
On 6/28/2012 the Philadelphia Orchestra Association (POA) issued a press statement announcing confirmation of its plan to exit Chapter 11 bankruptcy protection. What might catch your attention is the second paragraph, which conveys how much the POA will save as a result of filing bankruptcy.
With Savings Like These, Who Wouldn't Want To File For Bankruptcy?
On 6/28/2012 the Philadelphia Orchestra Association (POA) issued a press statement announcing confirmation of its plan to exit Chapter 11 bankruptcy protection. What might catch your attention is the second paragraph, which conveys how much the POA will save as a result of filing bankruptcy.
An Adults Only Event
The 6/14/212 edition of cnews.canoe.ca reports that Sault Symphony Orchestra supporters discovered food and silent auction items purchased via credit card during a recent orchestra fundraising event appeared on their statements as a Sault Ste. Marie, Ontario adult retail store.
Get Back On The Inside With The Updated Orchestra Financial Reports
Since it was launched in 2009, the Orchestra Financial Reports page has consistently been one of the most popular destinations at Adaptistration. It’s simple in implementation in that it provides a direct link to each respective orchestra’s GuideStar.org page where users can find a wealth of financial transparency documentation. Everything went humming along until several months ago when GuideStar started updating its permalink structure.