What are the duties of the ICSOM Treasurer?
- Pay bills, fees, reimbursements and honorariums
- Balance and otherwise maintain bank and investment accounts
- Prepare reports
- Provide information to the rest of the Governing Board as to the feasibility of projects.
- Handle Senza subscriptions
- Invoice and collect dues from member orchestras
- Engage vendors, such as teleconferencing companies
- Invoice the other players’ conferences and the AFM as needed
- Maintain files and archives of all financial transactions
- File 1099s, 990s and related tax forms
- File LM-3s with the Department of Labor
- Administer the ERF loans
- Negotiate with conference hotels and oversee conference expenses
- Arrange for insurance and pay premiums
- Order and pay for conductor evaluation forms, and pay Wayne State for evaluations
- Basically supervise any ICSOM activities involving money
Were does ICSOM spend your money?
- ICSOM Counsel: 31%*
- Conference Expenses: 20%
- Printing (Senza): 14%
- Directory: 10%
- Honoraria: 9%
- Travel: 5%
- Postage/shipping: 4%
- Scholarships: 3%
- Telephone/teleconf./internet: 3%
- Copying: 1%
- Conductor Evaluation: 1%
- Other: 3%
*percentages rounded off
In addition to the money ICSOM spends, $8,186 was put into the Emergency Relief Fund ($2 per capita) plus $6252 interest; and other reserves grew by $27,881.84 (some of which will be needed to operate until dues start coming in in the fall).
No new dues structure for next year-
The dues increase phased in since 2003 has matured. The Dues structure for 2009-10 remains:
| Salary level | 09-10 |
|---|---|
| Less than$16,000 | $30 |
| $16,000-$23,000 | $35 |
| $23,000-$39,999 | $40 |
| $40,000 and above | $48 |
Dues letters -
Dues invoices will be in your mailbox at the Conference. Please make any needed corrections and pass a copy to your orchestra treasurer, management (if dues are withheld) or Local (if your local pays ICSOM dues). If for any reason you need another copy, I can email you a pdf or MS Word version.
Timely payment is essential -
Dues are due by December 31, 2009. A bylaw passed three years ago established a $1 per capita penalty imposed after March 1. Only one orchestra paid a late penalty last year. The sooner dues can be submitted, the better, as ICSOM normally runs low on reserves in December.
It has been my pleasure to serve as your Treasurer this past year. Please don’t hesitate to email at mooretuba@bellsouth.net or call me at 404-875-8822 if you have any questions or suggestions.
Michael Moore
ICSOM Treasurer