Thursday, January 8, 2009
While arts organizations are certainly not the only charities having trouble in these tough economic times, Charity Navigator has always maintained that they generally suffer more than other types of organizations. This is primarily because the needs they address aren’t considered to be critical by the general public; however, as we have pointed out in the past, cultural institutions play a larger role than you might think at first glance. If you’d like to support an arts organization, we suggest you research your donation before giving. You can view a list of highly rated arts organizations here.
Monday, October 6, 2008
Thursday, May 1, 2008
Large arts institutions often invest large amounts of money in renovations and new construction. In this recent article, several institutions currently involved in such projects talk about how the recent downturn in the economy has impacted their operations. As these organizations look toward the future, planning for continued renovations and maintenance seems to be more and more impossible. If this trend continues, even planning for operations in the short term will become a challenge.
So what can donors do to help? Well, for one thing, don’t be so quick to eliminate funding for the arts from your budget. Remember that the impact of arts organizations extends outside the organization itself into the local community, and often impacts the local economy. If you must decrease your charitable giving, make sure you research the charities you are giving to. An organization that operates efficiently can do more with the same contribution than one that operates inefficiently. On our site, you can browse an expanded list of the Arts, Culture and Humanities charities, and filter them by criteria (including their rating) using the tools on the left side of the page.