Aug. 14, Zannie Voss and Jill Robinson, SMU professors who monitor arts groups nationwide, for a piece recommending a survival path for performing and cultural organizations who, in some instances, have lost 25 percent of their funding due to the impacts of coronavirus and racism. Published in Inside Sources and available to its 300 affiliates. https://bit.ly/2Ecpnwa
Arts expert Donna Walker-Kuhne recently declared that the United States is facing a “twin pandemic” of COVID-19 and racism. We see this as the anchor for a conversation about the future.
How can the field of arts and culture, which has been so deeply affected by both crises, move forward?
Forced closure of arts organizations at the start of the pandemic demanded concentrated attention on the short-term. Our thoughts turned to resiliency and guideposts for organizations as they began to contemplate the path forward.
To begin, we took stock of potential financial outcomes over a 12-month horizon. Using October 2020 as an average “reopen” assumption, we estimated that the annual aggregate net loss to the U.S. field of nonprofit arts and cultural organizations will be $6.8 billion. On a per-organization basis, this translates to an average deficit equivalent to 26 percent of budget. . .
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