January 4th, 2021
The National Endowment for the Arts released ANALYSIS: COVID-19’s Impacts on Arts and Culture in January. This analysis, a collaboration between the National Endowment for the Arts, Federal Emergency Management Agency (FEMA), and Argonne National Laboratory, provides a summary of the economic damage the pandemic has caused to the arts sector, with a particular focus on the performing arts. It also explores some of the adaptations and resources that are helping arts organizations and artists to survive financially during the pandemic.
From the conclusion of the analysis: "Since March, assistance from federal, state, and local government programs, foundations, and the public at large have provided an important lifeline to help sustain arts organizations and artists throughout the course of the pandemic. These emergent means of support are by no means adequate to offset projected losses for the arts and cultural sector. The amount of relief awarded, to date, is disproportionately small when compared with the sector’s economic footprint."
You can read the full analysis here.
Published: January 04, 2021