OAH in the Red in 2005Breaking News
The OAH ended the fiscal year of 2005 nearly half a million dollars in the red. At the OAH Business Meeting last April officials said they expected to be down just $100,000 or so.
Most of the loss was due to the decision to move the annual meeting from San Francisco to San Jose so members wouldn't have to cross a picket line. The Hilton and the Doubletree in San Francisco demanded to be paid for the rooms that had been booked by the OAH. The hotels and the OAH settled in November. The terms of the deal are secret. But it is evident from the red ink in the treasurer's report that the OAH paid dearly for its decision to respect the hotel workers' picket line.
The OAH took in $2,818,037 in fiscal year 2005. It paid out $3,289,888. Revenue for the organization remained nearly about the same for the past two years, a chart shows. But the endowment for the organization was down nearly $260,000. The OAH last year switched its investments to Indiana University Foundation"where we anticipate a better rate of return in the future," the report states.
comments powered by Disqus
Alonzo Hamby - 3/4/2006
It was all to be expected. The OAH needs to make up its collective mind whether it wants to be an unsubdized affiliate of UNITE, or an organization that promotes the study of history. It can't go on as both.
I write as a person who has no objection to hotel employees (or workers of any kind) joining a union. Unfortunately, the San Francisco hotel employees don't seem to feel an interest in doing so. It is their choice, not that of a scholarly organization, however well-meaning its actions.
- Children should be taught about suffering under the British Empire, Jeremy Corbyn says
- Collateral damage: A brief history of U.S. mistakes at war
- East Germany's secrets are slowly being revealed
- William Buckley's FBI files released
- Graphic of the Week: Browse An Archive of 170,000 Depression-Era Photos
- Daniel Pipes says we should be worried that immigrants don’t share western values
- Nobel Prize in Literature Awarded to journalist Svetlana Alexievich
- Niall Ferguson leaving Harvard for Stanford
- Integration Of Cheerleaders Was Difficult To Achieve
- New-York Historical Society to Open Women’s History Center