The Bishop years are generally considered to have been some of the most exciting and progressive in the history of the Elder Conservatorium, with initiatives such as the appointment of the University of Adelaide Wind Quintet, and the establishment of the Adelaide Festival of Arts (of which Bishop was the inaugural artistic director). The years since the appointment of Bodman Rae in 2001 also witnessed transformational changes that re-established the position of the Elder Conservatorium as one of Australia's leading music academies. In 2005 the Elder Conservatorium received a Classical Music Award (from the Australasian Performing Rights Association) for "outstanding contribution by an organisation" (the only Australian music academy to have won such an award), in recognition of its music program for the 2004 Adelaide Festival of Arts (curated by Bodman Rae). In 2011, 2013, 2015, and for the last two years the Elder Conservatorium hosted the National Music Camp (Australian Youth Orchestra's annual summer school, founded by Bishop), which is Australia's largest annual musical event.