Drew McManus on the Orchestra business | est. 2003

Finance

Thinking Outside The Piggy Bank

Tue, Mar 3, 2019
Adaptistration People 123
Just a quick post today as I’m still playing catch-up after being away for part of last week. Fortunately, quick doesn’t mean insignificant as the topic I want to toss out is related to pensions. In light of the ongoing Chicago Symphony Orchestra work stoppage that hinges on the orchestra’s pension plan, I wanted to

Are You Straight On How The New Tax Laws Impact Valuating And Acknowledging Donations?

Tue, Feb 2, 2019
Adaptistration People 175
I won’t even pretend to have a comprehensive understanding of how the new tax laws impact a nonprofit’s requirements for valuating and acknowledging donations. Fortunately, Joe Patti recently published an article at ArtsHacker that covers several points of contact that should serve as good places your organization should to begin having these discussions with your

#TBT When Good Managers Have Little Choice But To Do Bad Things

Thu, Jan 1, 2019
I’m traveling for work today so just a quick #TBT post by way of a terrific article from recently retired Baltimore Sun music critic, Tim Smith. He recently started a personal blog to use as an outlet for his ongoing music journalism habit (it should definitely be in your bookmark folder) and one of the

What’s All This About A Housing Allowance?

Fri, Nov 11, 2018
Adaptistration People 098
In response to Wednesday’s article about the new housing shared equity program in the San Francisco Symphony’s (SFS) new collective bargaining agreement (CBA), a number of readers reached out asking about the similar program at the LA Philharmonic I referenced. It’s a straightforward item in the LA Phil’s CBA, Article 13.K: Housing Allowance: On regularly

Understanding Fee Based Performance Revenue Agreements

Mon, Nov 11, 2018
Adaptistration People 175
When it comes to how orchestras structure earned income by way of fee-based performance activity, not all agreements are created equal. Interestingly enough, this is one of the few areas within arts administration that share far more with the artist side of the labor equation than not because in the end, the shared goal is
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