ASO Management responds to musicians' statement with their own.
Dr. Stanley Rommenstein, president of the Atlanta Symphony Orchestra poses in the Woodruff Arts Center. Photo from WoodruffCenter.org, |
- The deficit for Fiscal Year (FY) 2012 was $2.7M...inclusive of $1.8M in non-sustainable sources (i.e. bequests and one-time gifts. Without them, the true operating deficit is $4.5M.
- The ASO has been running an annual deficit of nearly $5M and the accumulated deficit is approaching $20M.
- Average compensation of the musicians is $131,000, which currently includes 100% free health and dental coverage, free instrument insurance, retirement pension, and eight (8) weeks of paid vacation.
- Since 2006, average staff compensation has been reduced by 1.7%. During this same period, average musician compensation has risen 23.6%.
- 68 staff members have agreed to forego raises, endure layoffs, accept weeks of mandatory furloughs, and to contribute to a healthcare plan.
- Ticket costs are slightly higher.
- Donors have made even greater personal financial contributions.
The statement concludes:
"It is true that the musicians allowed their contract to expire on August 25, despite an offer on the negotiating table, so they are no longer being paid a salary. The musicians are now inactive employees, and therefore ineligible for benefits.
We have presented the Musicians’ Union with our last, best, and final offer — they have yet to respond."