With funding from the Ford Foundation, Dance/NYC has launched a $500,000 fund to make operating grants to “small dance makers” with annual operating budgets between $25,000 and $1 million, with priority given to groups led by ALAANA artists. As reported by Crain’s New York Business:
Dance/NYC Launches New Fund to Support Small and ALAANA-led Dance Companies
The fund was created in response to a research report released by Dance/NYC in October, which looked at 172 troupes over a six-year period. The study found that dance groups with budgets up to $1 million make up 84% of the total in New York, but have access to only 10% of total revenue.