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Arts Organizations Face Challenges

From the Associated Press:

The Connecticut Opera has gone out of business after 67 seasons, the latest arts group to fall victim to the economic downturn and sagging charitable donations. . . .

Orchestras, ballets and opera companies across the country are facing huge deficits. The Los Angeles Opera is laying off 17 people, cutting salaries and will stage fewer performances this year. The Miami City Ballet is cutting eight dancers. The Baltimore Opera has declared bankruptcy.

The nation’s premier opera company, the Metropolitan Opera, this week dropped four productions from the 2009-10 season and slashed salaries because of the economy. The Opera Orchestra of New York also canceled its two remaining performances this season because of the recession.

The nonprofit group Americans for the Arts estimates 10,000 arts organizations could disappear in 2009.

Full article here.

Via @Philanthropy.

Filed under: arts, economy