Music Forum presents two financial experts who will provide an exciting insight into the flow of money that surrounds a composer's fortune. Music Forum Tuesday, April 27th at 18:00 PM at Litteraturhuset (Kvernland). Free and open to all.
/ 23/04/2010 / codexWhat kind of money comes in and goes out? What kind of business form? What about taxes? Pensions and other rights? In general: How to be a smart financial being as a composer/songwriter? The topic will be illustrated through two hypothetical composer economies:
is a young composer with five years of experience after her studies. She writes two to three works of varying length per year. Dolly wants to work full-time with music, but struggles with the unpredictability. She therefore occasionally works as a musician in various constellations and has a side job to secure a basic income. Dolly owns her own apartment and with it a loan from the bank. Dolly wants a family, but is unsure of her financial rights.
is in his 50s and has finished the establishment phase and family obligations to young children. Donald has a steady production of compositions behind him, and for 30 years has combined composing with permanent work 50-100% position as a teacher and organist. He has regularly received grants from the Remuneration Fund, TONO etc., but no major grants over a long period of time. He writes two or three commissioned works a year, and his TONO income fluctuates greatly. Donald would like to get rid of permanent work and finally prioritize composing completely. However, he is concerned about the loss of a permanent income and what consequences this may have for his pension.
is the CEO of Kopinor, composer, politician and soldier in the Salvation Army. Slettholm studied under Morton Feldman where he worked on his doctorate. He has received several awards for his works, while also having an impressive long list of administrative and teaching roles in Norwegian cultural life.
is a professor at BI, Department of Accounting - Auditing and Law. Professor II at the University of Oslo, adjunct professor at Queensland University of Technology since 1993 and Professor II at the University of Stavanger 2002-2006. His research interests include tax law, excise law, corporate law and the legal rules on voluntary organizations.