Facts & Figures
Art Still Sells to Real Estate Developers
Despite a down economy, real estate companies continue to invest in art for their properties. Recognizing that art sets their buildings apart from others, developers like the Cohen Brothers Realty Corporation and Silverstein Properties are continuing the tradition set in place by the Rockefellers. For example, Park Tower Group collaborates with Christie’s to run a revolving exhibition of sculptures in their corporate lobby. For information, www.nytimes.com.
As Other Needs Increase, Arts Funding Decreases
Many corporations continue to scale back their funding budgets as the recession continues. In combination with these cutbacks and a spike in social and human service needs, arts organizations are suffering. A number of foundations have shifted their focus, and large portions of their giving, to social services. For information, www.crainsnewyork.com.
Museum Visits Grow
A survey of 20 museums conducted by The Art Newspaper found that two-thirds of those surveyed have experienced an increase in admission numbers over the past three years. A number of museums have set visitor records including the Museum of Modern Art, the Massachusetts Museum of Contemporary Art, and the Solomon R. Guggenheim Museum. For information, www.theartnewspaper.com.
Open Call for the Best Business Support to the Arts
Nominations Open for THE BCA TEN 2010
We’re looking for the best companies supporting the arts in America and need your input! Take a few minutes to submit a nomination for THE BCA TEN: Best Companies Supporting the Arts in America. Anyone can nominate a company so visit our site to tell us about the great business support for the arts in your community. Companies will be recognized at a gala celebration in New York City on November 4, 2010. For information, www.AmericansForTheArts.org.
The Importance of a Creative Workforce
In a competitive market, innovation is crucial to a company’s success. Product Design and Development Magazine talks about keying into innovation through employee creativity and strategies to tap into creativity. For information, www.pddnet.com.
Showcasing Employee Art
Employees of ImageMovers Digital, a motion picture studio, are displaying their personal creative talents through a company art show presented by the Marin Arts Council. The employees’ work covers a number of artistic disciplines including painting, drawing, sculpture, and photography. For information, www.sfgate.com.
Show Media Sponsors a New Type of Public Art
For the entire month of January, Las Vegas-based Show Media will feature artworks on the advertisement cones atop New York City taxis. The works of Shirin Neshat, Alex Katz, and Yoko Ono will be seen on approximately 500 cabs in the city. For information,
Nordstrom Leasing Space from Seattle Art Museum
The Seattle Art Museum’s office building, previously occupied by Washington Mutual, has found a new tenant. Nordstrom has signed a letter to lease space in the museum’s Second Avenue building. The Nordstrom lease will recover about 75 percent of the money lost by the museum when Washington Mutual moved out. For information, www.seattlepi.com.
Speaking From Experience
“Movado and the arts are intrinsically entwined originating from the revolutionary design of the ‘Museum Watch’ in 1947. This long and enduring association with the arts and this powerful connection has become the foundation of the Movado brand experience”.
-Efraim Grinberg, Chairman, President & CEO, Movado Group, Inc., 2009 BCA Hall of Fame Inductee