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Tag Archives: accounting
How to Cut—and When to Add—Orchestra Marketing Dollars
The Danger of Across-the-Board Cuts Over the last two years virtually all orchestras have cut spending to balance the budget. In many cases they’ve used across-the-board reductions. This can have the negative effect of further reducing ticket revenues by more … Continue reading
Posted in Essentials, How To's
Tagged accounting, budget, expense, financial analysis, lifetime value, management, marketing, orchestra, revenue, single tickets, symphony
1 Comment
When Orchestras Emulate Madoff
Every year one or two orchestras make news by closing their doors. They cancel the rest of the season. There’s no money for creditors. Tickets for future concerts become worthless. It’s rare that it’s an orderly process. May that never … Continue reading
Posted in Calls to Action
Tagged accounting, fraud, management, orchestra, ponzi, stanford, voysey
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