How the Nonprofit Arts Sector Has Evolved since the Great Recession
Submitted by Steve on February 9, 2016
From Eileen Cunniffe and Julie Hawkins, writing for Nonprofit Quarterly:
There is ample evidence to demonstrate that nonprofit arts and culture organizations in the United States are rebounding from the Great Recession — albeit more slowly than other parts of the nonprofit sector. The 2014 National Arts Index compiled by Americans for the Arts notes that while the overall economic recovery began in 2009, it did not positively affect the arts until 2012. A report from the Urban Institute in 2014 showed that more arts, culture, and humanities nonprofits took the largest hit — proportionately — on revenue during the recession, and also had the largest decrease in total numbers of organizations of any of the subsectors studied.