Take Note

Final Issue of BCAnews, BCA’s Printed Newsletter

The January 2011 issue will be the final issue of BCAnews. You can find current news on business support to the arts here in the monthly e-newsletter, BCA Noteworthy, on ARTSblog, and via ArtsWatch, a weekly e-newsletter that provides the latest policy-relevant arts and culture news. You can continue to learn about effective arts and business partnerships by becoming a member of Americans for the Arts. Please contact privatesector@artsusa.org with any questions.

 

Altering Free Museum Admission Due to Low Numbers of Locals

After low turnout rates from Chicago residents, The Art Institute of Chicago is discontinuing the Target Free Thursday Evening program at the museum. The program will end on June 2, 2011. This decision was made after research showed that most of the visitors on Thursday evenings were from out of state, and the program's goal was to benefit local area residents. The decision was made not by Target, but by The Art Institute of Chicago. Despite cutting Target Free Thursdays, visitors will now have access to new and different admission-free days. For information, www.chicagobusiness.com.

 

Indianapolis Symphony Orchestra Aims to Grow Audience

The Indianapolis Symphony Orchestra was gifted a five-year $500,000 grant from the Eli Lilly & Company Foundation to support "initiatives aimed at building and sustaining new audiences to its concerts and programs." Lilly is also the title sponsor of the orchestra's Lilly Classical Series. For more information, www.insideindianabusiness.com.

 

Facts & Figures

 

Arts Nonprofit Jobs Fare Well

Arts and entertainment nonprofit jobs grew 4.6 percent per year between 2007 and 2009 according to a recent study from John Hopkins University, showing the most improvement out of all groups studied. While overall nonprofit jobs grew by 2.5 percent per year over the same period, for-profit jobs decreased by 3.3 percent per year. For more information, www.ccss.jhu.edu (pdf).

 

Increase in Year-End Funding

According to a new Chronicle of Philanthropy poll, 53 percent of 181 organizations surveyed reported that they were raising more money in November and December of 2010 than they had during the same time the previous year. One in five of these organizations said that donations had increased by 20 percent or more. For more information, http://philanthropy.com

 

State of New York's Largest Nonprofits

Crain's annual list of New York's largest nonprofits found that New York City's Metropolitan Museum of Art suffered more than most in 2010. The museum cut its operating budget to $289.2 million for their fiscal year ending in June 2010, compared to a $309.5 million budget in the previous year. The significant cuts were made due to decreased donations and losses in the museum's endowment. For information, www.crainsnewyork.com.

 

BCA 10

 

Nominations Open for the BCA 10

Nominate a company in your community that supports the arts! The BCA 10 recognizes businesses of all sizes for their exceptional involvement with the arts that enrich the workplace, education, and the community. These companies set the standard of excellence and serve as role models for others to follow. For more information and to nominate a company, www.AmericansForTheArts.org/go/BCA10.

 

Speaking from Experience

 

"Arts organizations play an important role in our communities. The arts inspire innovation, promote creativity, and foster collaboration—all qualities that are also important in business. We support the arts through our volunteerism, our patronage, and our contributions. In return, the arts enhance our lives and those of our neighbors, making Oklahoma City an even better place to live, work, and do business."  --John Richels, President and CEO, Devon Energy, BCA 10 Winner

 

 

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