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When Ernest Auerbach took the helm at Austin Opera in 2011, the organization had been in existence for twenty-five years and was near bankruptcy. In the years leading up to the financial disaster, the Operas well-meaning board of trustees and staff leadership had somehow lost sight of the fact that while opera is an art, running an opera is a business. Now it was up to Auerbach to save it from collapse.
Auerbacha seasoned military leader and corporate executiveprovides insight into the business model he developed to achieve a financial and artistic turnaround at Austin Opera as well as examples, methods, and tools that will help other performing arts organizations design their own sustainable business model and avoid a downward turn. Nonprofit leaders will learn how to:
Recognize signs of an impending disaster
Gain trust and effectively communicate with allies
Develop priorities during a financial crisis
Focus on organizational details while maintaining a mission
Keep patrons, donors, and trustees happy
Saving Performing Arts is a concise survival guide designed to help performing arts organizations avoid trouble and become successful organizations with excellent future prospects and money in the bank.
A great lesson in leadership for those in every sector of the performing arts.
Kevin Smith, Opera America field consultant
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