NYC Reconsidering Arts Funding Formula to More Equitably Support Smaller ‘Marginalized’ Groups

From The New York Times:

Mayor Bill de Blasio and his lieutenants are deep into a re-examination of New York City’s $178 million arts budget and other cultural resources to try and give a higher profile — and perhaps more taxpayer money — to smaller institutions in disadvantaged neighborhoods.

The proposed new approach, with an emphasis on greater equity, has some major arts organizations fearful they will end up with less of the municipal-funding pie, while more marginalized groups are hopeful about finally receiving more.

Read the full article on The New York Times.