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From Clubs to Communities. From Tourists to International Friends. Crisis Legacy in Music Organizations with Revenue Management and Relationship Marketing

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Advances in Longitudinal Data Methods in Applied Economic Research (ICOAE 2020)

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Abstract

The prompt and cost-effective segmentation of audiences and stakeholders is, today, as essential as revenue diversification in US symphony orchestras and opera houses.

The lack of resources was particularly heavy during crisis years and as from 2008. Fundraisers of these music organizations engaged both with clubs and communities. At the same time, marketing officers explored new audiences and their segmentation.

Relationship marketing was a pivotal strategy, in order to enhance stakeholders’ engagement and loyalty.

The crisis legacy allowed these organizations to survive with revenue management and relationship marketing.

The purpose of this study is a profiling of a sample of 120 USA symphony orchestras and opera houses, with different marketing and fundraising. Thanks to a k-means cluster analysis of diversified revenues, expenses and gains from 2008 to 2015, the paper will separate this sample into two poles, according to average variations of economic performances and to the focus on relationship marketing in the whole period. One pole grew as concerns relationships, revenue management and diversification. The other pole was affected by diminishing intensity of marketing and increasing fundraising and, as a consequence, retrenchment of some revenues except for contributions. Relationship marketing was in this cluster supported by volunteers. This pole profited by the highest increase in gains.

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Notes

  1. 1.

    The Guidestar website collects 990 Forms of USA Not-For-Profits. Not-For-Profits are listed for the relevancy to the keyword. 990 Forms report Statements of Revenues and Expenses and Financial Statements of USA Not-For-Profits.

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Correspondence to Angela Besana .

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Appendix

Appendix

1.1 Cluster Fundraiser

ARIZONA OPERA COMPANY—PHOENIX

BALTIMORE OPERA COMPANY INC—BALTIMORE

BANGOR SYMPHONY ORCHESTRA—BANGOR

BOSTON LYRIC OPERA COMPANY—BOSTON

CALIFORNIA SYMPHONY ORCHESTRA INC—WALNUT CREEK

CANTON SYMPHONY ORCHESTRA ASSOCIATION—CANTON

CHEYENNE SYMPHONY SOCIETY INC—CHEYENNE

CHICAGO SINFONIETTA—CHICAGO

CHICAGO SYMPHONY ORCHESTRA—CHICAGO

CINCINNATI OPERA ASSOCIATION INC—CINCINNATI

CINCINNATI SYMPHONY ORCHESTRA—CINCINNATI

COBB SYMPHONY ORCHESTRA—MARIETTA

DALLAS SYMPHONY ASSOCIATION—DALLAS

DES MOINES METRO OPERA INC—INDIANOLA

DETROIT SYMPHONY ORCHESTRA INC—DETROIT

ERIE PHILHARMONIC INC—ERIE

FAIRFAX SYMPHONY ORCHESTRA—FAIRFAX

GREAT FALLS SYMPHONY ASSOCIATION INC—GREAT FALLS

GREATER AKRON MUSICAL ASSOCIATION INC—AKRON

GREENSBORO SYMPHONY ORCHESTRA INC—GREENSBORO

JACKSONVILLE SYMPHONY ASSOCIATION INC—JACKSONVILLE

JOHNSTOWN SYMPHONY ORCHESTRA—JOHNSTOWN

LANCASTER SYMPHONY ORCHESTRA—LANCASTER

LENAWEE SYMPHONY ORCHESTRA SOCIETY INC—ADRIAN

LONG BEACH SYMPHONY ASSOCIATION—LONG BEACH

LOS ANGELES OPERA COMPANY—LOS ANGELES

LYRIC OPERA OF CHICAGO—CHICAGO

MADISON OPERA—MADISON

MEMPHIS ORCHESTRAL SOCIETY INC—MEMPHIS

MOBILE SYMPHONY INC—MOBILE

MUSIC CENTER OF SOUTH CENTRAL MI—BATTLE CREEK

NASHVILLE OPERA ASSOCIATION—NASHVILLE

NASHVILLE SYMPHONY ASSOCIATION—NASHVILLE

NEVADA OPERA ASSOCIATION—RENO

NEW HAVEN SYMPHONY ORCHESTRA INC—NEW HAVEN

NEW JERSEY SYMPHONY ORCHESTRA—NEWARK

NEW MEXICO SYMPHONY ORCHESTRA—ALBUQUERQUE

NEW ORLEANS OPERA ASSOCIATION—NEW ORLEANS

NEW YORK CITY OPERA INC—NEW YORK

NEWBERRY OPERA HOUSE FOUNDATION—NEWBERRY

NORTH ARKANSAS SYMPHONY ORCHESTRA—FAYETTEVILLE

OMAHA SYMPHONY ASSOCIATION—OMAHA

OPERA BIRMINGHAM—BIRMINGHAM

OPERA COLORADO—DENVER

OPERA OMAHA—OMAHA

OPERA SAN JOSE INCORPORATED—SAN JOSE

OPERA SOUTHWEST—ALBUQUERQUE

OREGON SYMPHONY ASSOCIATION—PORTLAND

PALM BEACH OPERA INC—WEST PALM BEACH

PENSACOLA OPERA INC—PENSACOLA

POCKET OPERA INC—SAN FRANCISCO

PORTLAND OPERA ASSOCIATION—PORTLAND

ROANOKE SYMPHONY ORCHESTRA—ROANOKE

SACRAMENTO PHILHARMONIC ORCHESTRA ASSOCIATION INC—SACRAMENTO

SAINT LOUIS SYMPHONY ORCHESTRA—SAINT LOUIS

SAN ANTONIO OPERA—SANT ANTONIO

SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION—SAN DIEGO

SANTA BARBARA SYMPHONY ORCHESTRA ASSOCIATION—SANTA BARBARA

SARASOTA OPERA ASSOCIATION INC—SARASOTA

SEATTLE OPERA—SEATTLE

SHEBOYGAN SYMPHONY ORCHESTRA INC—SHEBOYGAN

SPRINGER OPERA HOUSE ARTS ASSOCIATION INC—COLUMBUS

STOCKTON SYMPHONY ASSOCIATION INC—STOCKTON

SYRACUSE OPERA COMPANY INC—SYRACUSE

THE ATLANTA OPERA INC—ATLANTA

THE HENDERSONVILLE SYMPHONY ORCHESTRA INC—HENDERSONVILLE

THE OPERA ASSOCIATION OF CENTRAL OHIO—COLUMBUS

TOLEDO OPERA ASSOCIATION—TOLEDO

TRAVERSE SYMPHONY ORCHESTRA—TRAVERSE CITY

TULSA OPERA INC—TULSA

VIRGINIA OPERA ASSOCIATION—NORFOLK

WHATCOM SYMPHONY ORCHESTRA—BELLINGHAM

WICHITA GRAND OPERA INC—WICHITA

WILLIAMSPORT SYMPHONY ORCHESTRA—WILLIAMSPORT

1.2 Cluster Revenue Manager

ALBANY SYMPHONY ORCHESTRA INC—ALBANY

BERKELEY SYMPHONY ORCHESTRA—BERKELEY

BOSTON YOUTH SYMPHONY ORCHESTRA INC—BOSTON

BUFFALO PHILHARMONIC ORCHESTRA SOCIETY INC—BUFFALO

CHATTANOOGA SYMPHONY AND OPERA ASSOCIATION—CHATTANOOGA

DAYTON PHILHARMONIC ORCHESTRA ASSOCIATION—DAYTON

DUBUQUE SYMPHONY ORCHESTRA—DUBUQUE

EL PASO SYMPHONY ORCHESTRA ASSOCIATION INC—EL PASO

EUGENE SYMPHONY ASSOCIATION INC—EUGENE

FLORENTINE OPERA COMPANY INC—MILWAUKEE

GLENS FALLS SYMPHONY ORCHESTRA INC—GLEN FALLS

HAWAII OPERA THEATRE—HONOLULU

HOUSTON GRAND OPERA ASSOCIATION INC—HOUSTON

KALAMAZOO SYMPHONY ORCHESTRA—KALAMAZOO

KANSAS CITY SYMPHONY—KANSAS CITY

KENTUCKY OPERA ASSOCIATION—LOUISVILLE

KNOXVILLE SYMPHONY SOCIETY INC—KNOXVILLE

LYRIC OPERA OF KANSAS CITY—KANSAS CITY

METROPOLITAN OPERA ASSOCIATION INC—NEW YORK

MONTEREY COUNTY SYMPHONY ASSOCIATION INC—CARMEL

OPERA AMERICA INC—NEW YORK

OPERA CAROLINA—CHARLOTTE

OPERA COMPANY OF PHILADELPHIA—PHILADELPHIA

OPERA IN THE HEIGHTS—HOUSTON

OPERA NORTH—LEBANON

PEORIA SYMPHONY ORCHESTRA FOSTER ARTS CENTER—PEORIA

PIEDMONT OPERA INC—WINSTON SALEM

PITTSBURGH OPERA INC—PITTSBURGH

PORTLAND MAINE SYMPHONY ORCHESTRA—PORTLAND

QUAD CITY SYMPHONY ORCHESTRA ASSOCIATION—DAVENPORT

RHODE ISLAND PHILHARMONIC ORCHESTRA & MUSIC SCHOOL—EAST PROVIDENCE

SAN FRANCISCO OPERA ASSOCIATION—SAN FRANCISCO

SANTA ROSA SYMPHONY ASSOCIATION—SANTA ROSA

SEATTLE YOUTH SYMPHONY ORCHESTRAS—SEATTLE

SHREVEPORT OPERA—SHREVEPORT

SKYLIGHT OPERA THEATRE—MILWAUKEE

SOUTH BEND SYMPHONY ORCHESTRA ASSOCIATION INC—SOUTH BEND

SYMPHONY SOCIETY OF SAN ANTONIO

TACOMA OPERA ASSOCIATION—TACOMA

THE LOUISVILLE ORCHESTRA INC—LOUISVILLE

THE LOUSIANA PHILHARMONIC ORCHESTRA—NEW ORLEANS

THE MINNESOTA OPERA—MINNEAPOLIS

THE STAMFORD SYMPHONY ORCHESTRA INC—STAMFORD

UTAH FESTIVAL OPERA COMPANY—LOGAN

WEST SHORE SYMPHONY ORCHESTRA—MUSKEGON

WOODLAND OPERA HOUSE INC—WOODLAND

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Besana, A., Esposito, A. (2021). From Clubs to Communities. From Tourists to International Friends. Crisis Legacy in Music Organizations with Revenue Management and Relationship Marketing. In: Tsounis, N., Vlachvei, A. (eds) Advances in Longitudinal Data Methods in Applied Economic Research. ICOAE 2020. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-63970-9_2

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