Tax Time–Musical Instruments and Depreciation
March 24, 2011 In: Running a Successful Business--You, Inc., TaxesMusical Instruments When a musician buys an instrument or equipment that has a useful life of longer than one year, he or she can depreciate it over the tax life of the item—usually seven years. This has the effect of spreading out the deduction over time. An alternate course would be to expense the purchase […]
More about community engagement
March 23, 2011 In: Community Engagement, Labor relations, The FutureThe most important benefit to our field from the Detroit strike will be the ever-necessary reminder that strikes are a sub-optimal method of resolving labor-management disputes. The next most important benefit will be the jump-starting of the discussion about what’s come to be known as “community engagement.” Whether either of those will be worth the […]
Duende
March 22, 2011 In: UncategorizedI have always made it a policy not to miss an opportunity to hear great artists at the end of their careers. Interestingly, it was a young pianist years ago who crystallized for me the preciousness of artistry enriched by … Continue reading →
Are orchestras really non-profits?
In: Orchestra EconomicsAccording to the IRS, we are. But according to this article in the Stanford Social Innovation Review, we don’t seem to fit any of the models for how non-profits are funded: What follows are descriptions of the 10 funding models, along with profiles of representative nonprofits for each model. The models are ordered by the […]
Arts Entrepreneurship — Two Curricular Tracks
March 17, 2011 In: UncategorizedSo I’m in the final planning stages for my course in Arts Entrepreneurship (starts March 30), and I have come to the conclusion that I will teach and present materials and activities in 2 different tracks: those for the social entrepreneur, and those f…
The Musician's Union: A Contrarian Point of View–Sort of
March 16, 2011 In: UncategorizedHere’s a blog posted on March 15, 2011 by Columbus Symphony bassoonist, Betsy Sturdevant on her blog. In it she makes some interesting observations about unions in general, and the Musician’s Union in particular. Good food for thought. What do you think? Musician labor unions: the pros and the cons Labor unions formed in the […]
“Mr. Kreizsky, meet Mr. Woodsky”
March 15, 2011 In: Conducting, UncategorizedYakov Kreitzberg, the Russian-born, American-trained conductor was Music Director and Artistic Director of the Monte Carlo Philharmonic, Principal Guest Conductor of the Vienna Symphony Orchestra, and outgoing Chief Conductor and Artistic Advisor of the Netherlands Philharmonic Orchestra and Netherlands Chamber … Continue reading →
Tax Time – Musician's Office in Home
In: Running a Successful Business--You, Inc., TaxesOffice in Home In our homes or apartments, musicians all have a room in which they practice or teach, but for that room to be considered a home office and deducted on our taxes, it must meet certain requirements established by the IRS. For example, that part of your home must be used regularly and […]
Arts Entrepreneurship — Policy Opportunity?
March 10, 2011 In: Arts Advocacy, Community Engagement, Entrepreneurship, Getting Ahead, Problem Solving, The FutureI don’t think anyone would argue that we’re in a period of policy transition in the arts and culture sector. I would even characterize it as the most significant period of policy reexamination since the 1960’s. The difference is huge, of co…
Pushing Boundaries
March 8, 2011 In: Uncategorized“As far as boundaries are concerned, we are always looking for new ones.” * A little while back I attended a class by Hankus Netsky who heads up our Contemporary Improvisation Department. This is the department Gunther Schuller created in … Continue reading →