Now is the right time to become an American Federation of Musicians member. From ragtime to rap, from the early phonograph to today's digital recordings, the AFM has been there for its members. And now there are more benefits available to AFM members than ever before, including a multi-million dollar pension fund, excellent contract protection, instrument and travelers insurance, work referral programs and access to licensed booking agents to keep you working.

As an AFM member, you are part of a membership of more than 80,000 musicians. Experience has proven that collective activity on behalf of individuals with similar interests is the most effective way to achieve a goal. The AFM can negotiate agreements and administer contracts, procure valuable benefits and achieve legislative goals. A single musician has no such power.

The AFM has a proud history of managing change rather than being victimized by it. We find strength in adversity, and when the going gets tough, we get creative - all on your behalf.

Like the industry, the AFM is also changing and evolving, and its policies and programs will move in new directions dictated by its members. As a member, you will determine these directions through your interest and involvement. Your membership card will be your key to participation in governing your union, keeping it responsive to your needs and enabling it to serve you better. To become a member now, visit www.afm.org/join.

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Orchestra News

Indianapolis Symphony Continues to Balance Budget

January 1, 2015 IM

Indianapolis Symphony Orchestra (ISO) achieved its second consecutive surplus, slightly more than $266,000, in fiscal year 2014. Its total revenue was $23.5 million.

The orchestra saw a 16% increase in revenue from ticket sales, with a 30% increase in subscription sales—the highest subscription numbers since the 2008-2009 season. Fiscal year 2014 was the second best fundraising year in ISO’s history—second only to fiscal year 2013—and brought in $9.73 million. The value of the endowment increased, from $86.5 to $92.5 million, and the orchestra’s 5% endowment draw was much more conservative than the 12% draw taken in fiscal year 2012.

Although the ISO report shows an upward trend, the musicians are still feeling the difficult pay cuts following the 2012 lockout, but welcome this positive news and look forward to continued financial and artistic growth.