“The truth is I must have a change of some sort, or die,” Abraham Lincoln said when criticized for attending opera while the Civil War raged. The quote, cited during a National Public Radio report on the 16th president’s musical … Continue reading
GIA Blog
Posted on February 23, 2009 by admin
Within 24 hours of announcing a free consulting program for any troubled arts organizations in the country, Michael Kaiser, president of the John F. Kennedy Center for the Performing Arts, received 110 emailed pleas from 31 states. “We even got … Continue reading
Posted on February 23, 2009 by admin
In the fall of 1933, Sherwood Anderson left his home in New York City and set out on a series of journeys that would take him acrosslarge sections of the American South and Midwest. He was engaged in a project … Continue reading
Posted on February 23, 2009 by admin
A useful summary of financial terminology designed for non-profits, fromt the Nonprofit Finance Fund. Read more.
Posted on February 23, 2009 by admin
They got culture money into the stimulus bill—but not without a fight. The House, in its version of the bill, gave $50 million to the National Endowment for the Arts, increasing its budget by more than the third. Then the … Continue reading
Posted on February 23, 2009 by admin
“…But the importance of the arts extends well beyond economics and education. The arts expand our horizons, unleash creativity and build social bonds. During this period of unsettling change, the arts can provide us with pleasure and comfort, while also … Continue reading
Posted on February 23, 2009 by admin
Foundations that lost billions of dollars investing with Bernard L. Madoff have another reason to fret: they could be socked with sizable fines for failing to exercise sound judgment. Under an obscure tax rule, private foundations can be penalized for … Continue reading
Posted on February 23, 2009 by admin
According to a study by The Chronicle of Philanthropy, charitable foundations’ assets declined an average of 28% in 2008. The nonprofit organizations they fund are struggling to survive. Given these dire circumstances, one would think we would be empowering citizens … Continue reading
Posted on February 17, 2009 by admin
The day after Christmas, Loretta Greco went into her office at the Magic Theater here, sat down at the computer and started e-mailing everyone she knew, asking them to e-mail everyone they knew. Her plea was simple: Unless the Magic, … Continue reading
Posted on February 17, 2009 by admin
“The House of Representatives last week passed an economic stimulus package of almost $820 billion that included $50 million for the National Endowment for the Arts. Backers of this bundle point out quite correctly that when the economy hits the … Continue reading