The quest for support for the arts is continuous. We search for ways to seed or increase the flow of dollars, looking for more philanthropic capacity from every purse. It is never as bounteous as the need.
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In the wake of the worst global economic recession in living memory, the creative industries sector has emerged as a powerful engine for economic growth and social, environmental, and cultural sustainability. With growing concern over the staggering amounts of funding now being directed toward social impact initiatives globally and the effectiveness of those investments, perhaps the time has come for gatekeepers to consider adding the creative industries to the short list of investment-worthy target sectors.
This article is a reprinting of a blog originally posted on ArtWorks. See that post at http://www.arts.gov/artworks/?p=11955.
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.
As funders we have three main challenges: first, getting a handle on the extent and impact of the recession; second, exerting leadership — being bold, positive, and opportunistic without being insensitive; and third — and most important — asking ourselves the same tough questions that we are asking grantees: how do we slip the vice-like grip of old mindsets and behaviors and adapt so we increase our relevance, resilience, and meaningful contributions to our community?
— Foundation President
— 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.
Historical data do not mean anything in this situation. There is no blueprint and there is no network. We are doing the best we can with a combination of hard facts and intuition. Every line item is up for grabs; every $1,000 is material. How we feel about it all depends on which newspaper we read that morning.
Managing Director, large performing arts group
Introduction
The Federal Communications Commission formally voted Friday (August 1, 2008) to uphold the complaint against Comcast, the nation's largest cable company, saying that it had illegally inhibited users of its high-speed Internet service from using popular file-sharing software. The decision, which imposes no fine, requires Comcast to end such blocking this year.
Saul Hansell, The New York Times, August 2, 2008
What was at stake