Bridgette Weeks

Posted by Bridgette Weeks on April 9, 2009 in Uncategorized

Is it more important to nurture new organizations or established ones?
The Mann Music Center in Philadelphia is cutting back its summer performance schedule to the smallest number of concerts in recent history.  This might not come as a shock due to the falling economy and the cut-backs for arts organizations but the Mann is happy […]

Stimulus Bailouts? (Probably Not….)

Posted by Bridgette Weeks on March 25, 2009 in Uncategorized

Even with the impending stimulus money becoming available, arts organizations still do not have enough.  The stimulus money which totals $50 million, is going straight to the National Endowment for the Arts.  According to Robert L. Lynch, president of Americans for the Arts, there are over 100,000 arts organizations vying to get a piece of […]

Mission v. Money

Posted by Bridgette Weeks on March 5, 2009 in Uncategorized

As many other organizations are struggling to stay afloat in this horrible economy, the Metropolitan Opera is just another name on the list.  In an effort to secure a larger loan, the Met decided to use two large Chagall murals as part of collateral for a loan in order to meet their financial needs.  They […]

More Trouble for Auction Houses?

Posted by Bridgette Weeks on February 19, 2009 in Uncategorized

Last week I posted that some big-name auction houses like Christie’s and Sotheby’s were being hit hard by economic troubles.  In reality, who can afford to invest in multi-million dollar art acquisitions when the value of your purchase will most likely decline, moments after you buy it? Auction houses are cutting jobs the same way […]

Economic Troubles for All Arts Groups

Posted by Bridgette Weeks on February 5, 2009 in Uncategorized

These are scary times for the art world, the economic tide has not been kind to arts organizations and businesses.  Museums have been hit especially hard because many donors believe that their membership or annual donations are an easy way to cut back on expenses.  Although a small donation may not do much by itself, […]

Barnes Foundation

Posted by Bridgette Weeks on January 22, 2009 in Uncategorized

       In a time of economic crisis it seems that arts organizations are the first to fall by the wayside when it comes to contributed income.  In recent months, many arts organizations have been in dire need to financial assistance. Sue Hoye write for the Philanthropy Chronicle and says, “as the economy worsens, philanthropy experts […]