A new article in Nonprofit Quarterly details changes to the accounting standards for nonprofits as recommended by the Financial Accounting Standards Board (FASB). The new standards are "meant to help nonprofits to tell their story more transparently through their financials" and will take effect for fiscal years beginning after December 15, 2017. Key changes include "the simplification of the classification of net assets, the tracking of liquidity, and changes in the presentation of expenses."
Grantmakers in the Arts
September 13, 2016 by Monica in Capitalization
SMU’s National Center for Arts Research (NCAR) has released its most comprehensive report to date on national fundraising trends in the arts and cultural sector, the latest in the Center’s series of evidence-based insights on the health of the industry. It is based on 2014 data provided by over 4,200 organizations across 11 arts disciplines, with trends for a subset of over 2,700 organizations over the four-year period 2011-2014.
September 8, 2016 by Monica
The National Endowment for the Arts has released new research that for the first time offers a complete state-by-state perspective on how Americans participate in the arts. In addition, the data reveal that despite decades of declining arts attendance by U.S. adults in the performing and visual arts, more recent rates are holding steady.
September 7, 2016 by Monica
A new online tool, MuseumStat, and its corresponding iOS app called MuseumFinder map out museums across the United States and the communities they serve. The project was funded by the Institute for Museum and Library Services. Neville Vakharia, an assistant professor and research director of arts administration in Drexel University’s Westphal College of Media Arts & Design led this research and development effort with a goal of not only gathering important data, but visualizing that data through an easily accessible tool to help the museum field make data-driven decisions.
September 7, 2016 by Steve
In an article in the latest issue of the GIA Reader, Creating Space: Performing Artists in Sacred Spaces, Neville K. Vakharia and Karen DiLossi report on the use of churches and other sacred spaces as venues for the performing arts at large.
September 2, 2016 by Monica
The Center for Craft, Creativity & Design (CCCD) has announced a new, pilot grant initiative that will support the expanding definition of craft-based research and promote collaboration between the fields of craft, science, technology, engineering, and mathematics (STEM). The program is supported by the Windgate Fund at the Community Foundation of Western North Carolina.
September 1, 2016 by SuJ'n
For the month of September, GIA’s photo banner features projects supported by New Mexico Arts, New Mexico’s state arts agency. New Mexico Arts is advised by a 15-member, governor-appointed arts commission. It provides financial support for arts services and programs to non-profit organizations and administers the 1% pubic art program statewide.
September 1, 2016 by Steve
In an article in the latest issue of the GIA Reader, New York City Addresses Diversity in the Cultural Workforce, Deputy Commissioner Edwin Torres reflects on the results of a recent survey of the racial demographics of arts and culture organizations in New York City.