Articles

ISO, musicians still far apart in negotiations

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.

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ISO reports smaller deficit, bigger endowment

The parent organization of the Indianapolis Symphony Orchestra said its expenses exceeded revenue by $1.7 million on a budget of $25.6 million for the 2010-2011 fiscal year. The deficit was $1 million less than a year ago, while the ISO endowment grew by $5.5 million.

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Not-for-profits hang out consulting shingle

Tight budgets are prompting some of the state’s largest not-for-profit organizations to launch new businesses to shore up the bottom line. The Indianapolis Museum of Art, for example, has a contract to manage the airport’s art collection.

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Arts groups prepare fundraising campaigns

This year, five organizations announced or began preparing for the launch of major campaigns. The targets ranged from $12.5 million for Heartland Truly Moving Pictures to $100 million for the Indianapolis Symphony Orchestra.

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