Friday, June 29, 2012

Sound Like a Pro: The B's

Concerts and Special Events:

Backline: band equipment rented for artists.
Backline crew: people who assemble and manage artists' equipment and instruments.

Conventions and Meetings:

Bermuda Plan: hotel accommodations with full American style breakfast included in the rate.
Bare Booth: a booth or stand without facilities or services.  All services are added fees such as power, rods, curtains etc.

Associations and Nonprofits:

Bylaws: a legal document detailing how a nonprofit will act (self imposed rules) in it's day to day operations.
BMF: the IRS's list of more than 1.5 million nonprofits registered as tax-exempt organizations also known as the Business Master File.

Insurance:

Broad Form Insurance: coverage for multiple perils.
Binder: temporary insurance contract detailing and providing coverage until a permanent policy is issued.

Thursday, June 28, 2012

Sound Like a Pro: The A's

In order to be a professional in Concerts, Festivals and Special Events, you will need to use the terms from a number of fields.  We will fill you in from A to Z ( wait until you see the X's and Z's!).

The A's

Concerts and Special Events:
Advance Person a person who goes to each location before the artists and crews arrive to verify that all the arrangements have been handled as ordered; assists the Road Manager.
Avails  (available dates) referring to a venue's open dates.

Conventions and Meetings:
ATA Carnet an international customs document that allows tax free and duty free import of goods temporally for up to one year.  It covers samples, goods for presentation and equipment to be used at conventions, trade shows  and exhibitions.  Items that are consumed or meant to be disposed of and not returned to point of origin are not covered.  ATA is an acronym for "Admission Temporaire/Temporary Admission (French/English).
Abstract also known as a Call for Papers, summaries of speeches or presentations submitted by persons desiring to become presenters for programs at conventions and trade show meetings.

Associations and Nonprofits:
Annual Fund  yearly program organized to obtain gifts (tax deductible to donors) to help support the general day to day operations of a nonprofit.
Articles of Incorporation a legal doc that creates a specific type of organization, in this case a tax exempt, under the laws of the IRS and a specific state.

Insurance: 
Active Participant person(s) such as an entertainer or band, or other key person, whose absence from a planned event would trigger a benefit (payment to promoter) if the event needs to be cancelled or postponed.
Actual Cash Value cost of replacing damaged or destroyed property with comparable new property, minus depreciation and obsolescence.  For example, a 5 year old computer or amp would not be replaced at current full value because of 5 years of depreciation.