Finance


Tuition & Fees

Money Matters: Setting And Raising Tuition (Open Access)

An essential ingredient in a profitable business is the amount it charges for its services. In any profession, supply and demand dictates what rates are viable in a particular area. A basic business principle states that tuition should be based on what the market will bear. …

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Being A Starving Artist Isn't All It's Cracked Up To Be

If we are not happy with our income, do we see ourselves as suffering victims of society's disregard for the arts? How can we avoid the starving-artist syndrome?. …

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Recordkeeping

Technology Tips and Tools: The Best Music Studio Management Applications for Music Teachers (Open Access)

Gone are the days of keeping track of financial records in a written ledger. Not only are there valuable accounting apps, we now have online programs developed specifically for music teachers to assist with registrations, auto invoicing, scheduling lessons, payment reminders, communications with parents/students and more. Here are four excellent programs worth considering. …

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Fundraising/grants

How Do I Fund Thee? Let Me Count the Ways (Open Access)

Fundraising is not an Elizabethan tragedy. Successful fundraising is a concrete plan of action with specific, targeted and diversified activities. Fundraising can be undertaken by a Collegiate Chapter, a non-profit organization, an individual teacher or performer—anyone! Let's count the ways! …

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Grantwriting 101: Just The FAQs

Grants can provide a source of revenue for individuals, organizations and associations. A faculty member applies for a university research grant; a collegiate member applies for a travel grant; an independent teacher applies for a professional development grant; a non-profit academy applies for equipment funds; or a state/local affiliate applies for project funding.

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Taxes

A Brief Tax Guide for the Independent Music Teacher

This MTNA-published Q & A-style booklet was compiled by a CPA to answer basic questions related to the business of music teaching.

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Insurance

 

Coming Soon!

Retirement Planning

Financial Health 1-uh-oh…I mean 101 (Open Access)

Congratulations! You have a wonderful career at a professionally run independent studio, a prestigious university or a successful community school of the arts. You are on the road to financial success. Well… maybe not. …

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