Legal and regulatory
In America, the arts are highly dependent on donations from individuals for funding. Once a new president is in office in 2017, Congress is expected to take up “tax reform” in a serious way.
Read More...2011, 34 pages. Alliance for Justice, 11 Dupont Circle NW, 2nd Floor, Washington, DC, 20036, (202) 822-6070, http://www.afj.org.
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Read More...October 2007, 32 pages. Independent Sector, 1200 Eighteenth Street NW, Suite 200, Washington, DC, 20036, 202-467-6100, www.independentsector.org
Read More...May 2010, 49 pages. Center for Strategic Philanthropy and Civil Society, Sanford School of Public Policy, Duke University, Box 90524, Durham, NC, 27708, 919-613-7432 www.sanford.duke.edu
Read More...The current economic climate has forced many nonprofit arts organizations to confront underlying issues. Tensions mount, dollars are scarce, and unresolved weaknesses or fissures often grow. We have seen heartening examples of artists, donors, audiences, and funders rallying to support the art and organizations that they love. In some cases, streamlined, more focused organizations are forging ahead with renewed determination. But in other cases, the economic downturn may herald the time to close the doors.
Read More...— Foundation President
Remix: Making Art and Commerce Thrive in the Hybrid Economy
Penguin Press, 2008, 352 pages. ISBN-10: 1594201722
In late January GIA polled its 309 member organizations about their organization's responses to the economic downturn. 117 (38%) members responded, which provides a healthy sample of the membership.
Members reported their expected 2009 arts grantmaking would likely compare to 2008 as follows:
- 41% expected that 2009 would be the same as 2008.
- 13% expected that it would be reduced to 90% of 2008.
- 12% expected that it would be reduced to 80% of 2008.
- 11% expected that it would be reduced to 70% of 2008.