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DCI reacts to economic challenges

Publish Date: 28 May 2008 - 443 views

As individuals and businesses throughout the country stare in disbelief at their checkbook balances in the wake of mounting fuel and transportation expenses and an uncertain economic outlook, Drum Corps International is taking steps to ensure sustainability for itself and its member corps throughout the approaching summer season and beyond.

The organisation is addressing a number of financial challenges, brought about primarily by the current state of the United States economy, coupled with expenses related to the relocation of its headquarters from suburban Chicago to Indianapolis, as well as the unexpected move of its 2008 World Championship event from Indianapolis to Bloomington - Indiana. Additionally, increases in airfare are forcing the event production arm of the organisation to retool travel plans and staffing configurations for managed Premier Events as part of the DCI Summer Tour.

"We didn't just want to be standing on the sidelines hoping that things are going to go well this summer", said Dan Acheson, executive director and chief executive officer of Drum Corps International. "We want to be proactive in our forecasting and as conservative as possible in our spending. In the past several weeks, we've worked to cut more than $250,000 in expenses in order to be better able to weather the storm of potential shortfalls over the next three months."

Read the full story here.





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