MPTF Co-Sponsorship Showed an Increase

Volume CIII, No. 6June, 2003

Erwin L. Price

Last month, I. wrote that MPTF allocations would be reduced for the fiscal year 2003-4 (which began on May 1). That information proved to be correct since Local 802’S. allocation will be $274,121, which represents a reduction of 37 percent from the previous year.

But it is worthy to note that the co-sponsorship amount of money paid over and above the MPTF grant increased by approximately $500,000. The amount was $1.7 million in 2002-3, up from $1.2 million in 2001-2. These represent total wages paid to musicians plus a commensurate increase in pension and health benefits and an increase in work dues to the AFM and Local 802.

This extraordinary increase in total moneys expended was due in great part to the management skills and supervision of MPTF by Olga James, 802’S. MPTF supervisor. Adding to the total result was the utilization of MPTF services by some co-sponsors at 100 percent who realized the benefit of payroll and insurance coverage by MPTF for their engagements.

The MPTF committee met on May 9 to make the determination for this year’S. requests. As in the past we examined all the requests carefully and did our best to help all the organizations that ask for funding. Notification of the grants were sent out immediately following the meeting.

For any questions about MPTF, contact my office at ext. 110.