Tuesday, March 24, 2009

Social Capital Death Watch

The only people who seem to be prospering in this recession are those that traffic in grim statistics. Yesterday the President of Americans for the Arts, Robert Lynch, said that 10,000 arts organizations will close this year. If Lynch is correct and "non-profit arts organizations generate $166.2 billion each year in cultural and related spending such as restaurants and parking, and they produce $30 billion in tax revenue and 5.7 million jobs," why do they always seem to get short shrift during budget debates? Is it a PR problem as Lynch contends or is Allison Fine on to something when she says there are fundamental problems with the arts organization business model?
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