The Current Economy and the Arts Industry
March 18th, 2008Given the economic news of recent weeks, ARTS North Carolina wants to start a dialogue going about industry concerns and solutions. Please respond to the questions below:
- What are your personal and professional concerns about the economy?
- Has your community experienced the effects of the mortgage crisis? If so, how?
- Has the stock market and bond volatility impacted fundraising in 07-08? Do you expect an impact in 08-09?
- For those who have “lived through” previous recessions, how did your arts organizations successfully navigate economic uncertainty? What financial strategies are you considering for 08-09 and beyond?
- How is your Board or financial leadership responding to the economic news?