Keely Saye
Deep Pocket Donors & Corporate Benefactors Stretched to the Limit
Posted by Aug 11, 2010 5 comments
Keely Saye
Keely Saye
Is the failure of the arts to maintain market share among providers of contributed support a short-term problem related to increased social service, health, and educational needs, or will it persist?
In my opinion, the question must be considered from two different perspectives. In reference to the short term, the answer would appear to be an unqualified yes. This can be considered a "short-term" problem in that it is one that has arisen relatively recently. Fundraising in the non-profit/arts sector, particularly in the performing arts, has seldom been more difficult than it is right now.
Deep pocket donors and corporate benefactors are being stretched to the limit as even some of the more venerable arts institutions such as Pasadena Playhouse (The State Theatre Of California) are closing their doors due to lack of operating funds. Shrinking audiences, most likely kept away by the cost of admission, have forced many arts organizations to look to their donor bases for increased assistance. Unfortunately, that donor base is dealing with the same economy as the absent ticketholder, and must also make cuts. The arts are often the first (perceived) extras to be trimmed from most budgets. In this sense, the answer is clearly "yes, we are facing a short-term problem." The question that seems begged in the final four words of the initial query is how do we keep it from persisting?
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