|
Typical of performing arts organizations, Chamber Orchestra KREMLIN
has various sources of revenue. They include government support,
earned income and contributions.
Government support is reflected as a line item in the Culture Department
of the City of Moscow. Earned income is derived predominately from touring.
Contributed income comes via sponsorships and unrestricted contributions from
individuals and corporations.
When, in 1998, one of the founding members of the orchestra's Board of Trustees,
Frederick Andresen, concluded his assignment in Moscow and returned to California,
he united a number of like-minded individuals and formed ProMusica Russia, a U.S.
non-profit corporation aimed at generating long-term support for the orchestra.
In April, 2000, ProMusica Russia was granted 501(c)(3) status by the IRS.
|