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Category: arts


Risk Capital in the Age of Austerity

Battered by the news headlines, conversations in many cultural nonprofit boardrooms have turned to questions of “what if?” Over the past month, I’ve participated in several discussions that went something like this: - “What if our major donors shift their funding to social justice, women’s rights and legal advocacy organizations?” - “We just heard from a national funder that their longtime support of our organization may be in jeopardy. How will we meet this year’s budget if they reduce the size of their annual gift?” - “What if the NEA [goes away](https://www.nytimes.com/2017/01/30/arts/design/donald-trump-arts-humanities-public-television.html)? How will potential ensuing cuts in government funding at the state and local levels affect us?”
02 February, 2017
posted in arts, capitalization, risk
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