Rich with Players but Strapped for Resources
From Eileen Cunniffe, writing for Nonprofit Quarterly:
“Capitalization, Scale, and Investment: Does Growth Equal Gain?” was commissioned by the William Penn Foundation—long a leading supporter of the region’s arts organizations—and its findings were first presented last October at the 2014 Grantmakers in the Arts conference. This research was undertaken as a follow-up to “Getting Beyond Breakeven,” a previous study jointly funded by the William Penn Foundation and the Pew Charitable Trusts and published in 2009. The report and its appendices and slides are available on the TDC website. Much of the data supporting both studies is drawn from the Cultural Data Project; the new report focuses on data from 2007-2011.