Economic Turmoil and Change

by giarts-ts-admin

“In light of the economic downturn and in recognition of the tremendous pressures on the nonprofit sector, the Fund’s trustees have set a level course for 2009. In plain terms, what that means is that the Fund’s 2009 grants budget … Continue reading

Read More...
by giarts-ts-admin

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 … Continue reading

Read More...
by giarts-ts-admin

“While a group of artists recently brainstormed ideas for upcoming shows, they hit on a brilliant way to cope with the current economic environment: a series of exhibits titled “Art4Barter.” “One of our first barters prior to the show was … Continue reading

Read More...
by giarts-ts-admin

“The massive economic stimulus bill moving through Congress is being watched closely by arts groups across the country, including the Massachusetts Cultural Council. If the House version becomes law, the National Endowment for the Arts would get $50 million – … Continue reading

Read More...
by giarts-ts-admin

Paul Vallely writes in the Guardian: “Apparently, sales of baked beans rise during a recession. It’s not just to do with the fact that beans on toast is cheap. It’s also a search after something reassuring from our childhood days. … Continue reading

Read More...
by giarts-ts-admin

[youtube=http://www.youtube.com/watch?v=2-BZfFakpzc&hl=en&fs=1] Composer Johannes Kreidler, took graphs of market data on major corporations and similar statistics from the war in Iraq and mashed them up into music of a sort using Songsmith®. See the video here.

Read More...
by giarts-ts-admin

“Most of the discussion of the Bernard Madoff scandal has focused on the impoverished zillionaires who are now mere millionaires. Yet much of the money invested by Mr. Madoff was money destined for charities, and so the losers will include … Continue reading

Read More...
by giarts-ts-admin

The Seattle Times reports on the ArtFund Poll, making the leap from non-profit’s responses on their expectations to present them as fact. The responses to the question, “Have you revised your attendance expectations” are reported in the past tense as, … Continue reading

Read More...
by giarts-ts-admin

Like millions of Americans, many legislators still view our country’s commercial engine through a bifurcated lens. They believe that for-profit businesses drive the economy and create wealth, while not-for-profit organizations simply make grants, collect donations, and provide services. However, in … Continue reading

Read More...
by giarts-ts-admin

Tyler Green on Arts Journal: “When it comes to the coordination of scientific research between the Department of Homeland Security and the Defense Department, or the impact of stem cell research on American policy and state and federal budgeting, there’s … Continue reading

Read More...