Drew McManus on the Orchestra business | est. 2003

Tax (Prep) Day

Since the bulk of my weekend was spent compiling all of my records to send off to the accountant, today’s post will keep it simple with pointers to the most popular posts from the Finance topic category. Thinking Outside The Piggy Bank The Problem With Nonprofit Arts Admin Pay Define That: Total Fiscal Transparency AFM-EPF Drops the Hammer  

A Major Election Upset At New York City’s Local 802, American Federation of Musicians

Adaptistration People 187

Last week, the membership of New York’s Local 802, American Federation of Musicians (AFM) voted in a new leadership team to replace the near decade long tenure by Local President Tino Gagliardi. At the forefront of the new leadership is the president-elect Adam Krauthamer, who won 1,111 votes, or 67.42 percent of the vote. Full election results are available from the American Arbitration Association, which certified the election process. Krauthamer, a …

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San Antonio Turns Down A Dark Path

Adaptistration People 199

The San Antonio Symphony (SAS) negotiations took an ugly turn late Wednesday evening with the revelation that not only is a new collective bargaining agreement (CBA) becoming less likely, but the successorship deal that would ultimately transfer governance to a new nonprofit is falling apart as well. In order to prevent these discussions from devolving into a hopelessly confusing mess of acronyms, we’re going to clarify who’s who by using some …

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Adaptistration Turns 14

Today marks Adaptistration’s 14th anniversary and to help mark the occasion, let’s look at the year’s highlights. Audience New readers increased by 1.8 percent. Overall traffic was down, but that’s not a surprise given the previous year’s record setting traffic from the 2016 Orchestra Compensation Reports: Music Directors After filtering out that article’s traffic, the overall difference was a fraction of a percent. Readers by age groups: 25-34: 22.50 percent of …

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AFM Musicians Charge Pension Mismanagement In Class Action Lawsuit

Adaptistration People 190

One major development we missed last week amid the orchestra compensation reports was the class-action lawsuit filed against a host of defendants associated with the American Federation of Musicians & Employers’ Pension Fund (AMF-EPF). Filed in the U.S. District Court in Manhattan, the suit brings action against the defendants for “for breach of fiduciary duties and other violations of the Employee Retirement Income Security Act (“ERISA”), 29 U.S.C. § 1001, et seq.” …

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