ISO reports smaller deficit after more support from foundation
The Indianapolis Symphony Society on Monday said its expenses exceeded revenue by $900,000 in the 2011-2012 fiscal year despite $11.4 million in funding from its endowment.
The Indianapolis Symphony Society on Monday said its expenses exceeded revenue by $900,000 in the 2011-2012 fiscal year despite $11.4 million in funding from its endowment.
The Indianapolis Symphony Orchestra has until Feb. 3, 2013, to collect $5 million—almost as much as it typically raises in a full year–or its five-year agreement with its musicians that’s set to kick in the following day will be nullified.
Management and musicians at the Indianapolis Symphony Orchestra have reached a labor-contract agreement, effectively ending a month-long lockout, the musicians' union announced Tuesday morning.
The day the music dies–and I fervently hope it does not come to that–will be a day our city will be significantly diminished.
Indianapolis Symphony Orchestra musicians’ contract negotiations remain stalled and another week of concerts has been canceled after a Saturday deadline passed with no resolution.
Indianapolis Symphony Orchestra executives have given musicians until 6 p.m. Saturday to decide on a contract offer that asks for significantly fewer concessions than previous proposals. But musicians say the offer is unacceptable due to an escape clause.
A few weeks ago in this space, we called for someone—anyone—to step forward to take a leadership role in resolving the Indianapolis Symphony Orchestra’s labor dispute. The silence has been deafening.
The ailing Indianapolis Symphony Orchestra intends to step up annual donations 40 percent. But many longtime donors feel conflicted about future contributions as they await word on whether the ISO will scale back to part time.
The Indianapolis Symphony Orchestra announced Sunday night that it has called off shows scheduled for Thursday, Friday and Saturday due to its ongoing labor dispute with ISO musicians.
The Indianapolis Symphony Orchestra’s decision to cancel the first two weeks of its season and lock out musicians could carry long-term risks in alienating subscribers and donors, observers say.
Indianapolis Symphony Orchestra on Saturday canceled the first two weeks of its new season, saying even a temporary extension of musicians’ just-expired contract would intensify the organization’s financial woes.
Indianapolis Symphony Orchestra managers and musicians failed to meet a Friday deadline to agree on a new contract, but the symphony did not immediately follow through on threats to cancel the first two weeks of its new season.
The two sides are set to resume negotiations at about noon Wednesday in an attempt to reach an agreement on a new contract. The previous agreement expired Sunday.
The Indianapolis Symphony Orchestra’s management and musicians failed to reach a new contract before their current deal expired Sunday night, and the parties aren’t expected to meet again until mid-September.
Union representatives for the Indianapolis Symphony Orchestra’s musicians said Friday that management intends to call off the first two weeks of the season if the performers do not accept the current contract proposal by Sept. 7.
Even if the Indianapolis Symphony Orchestra’s management and musicians overcome gaping differences and reach a contract agreement, industry experts say disconcerting questions will continue to hang over the organization.
Union representatives for Indianapolis Symphony Orchestra musicians are spilling more details about negotiations with ISO management, which is planning major structural changes to address the orchestra's ongoing financial issues.
The Indianapolis Symphony Orchestra season would shrink from 52 weeks to 36 under management’s proposal to restore financial stability to the performing arts organization.
Local agency will work with ISO on overall brand strategy, including print and digital marketing.
The decline in season ticket sales has forced marketing managers to promote each show individually, which is trickier and more costly.