Home -> Law Blog Directory -> Copyright Law Blogs -> The Art Law Blog

Copyright Law

: The Art Law Blog

Crunch

By Intellectual Property Law, Esq.

Richard Lacayo has a good piece in the current Time on how the recession is affecting museums and other arts organizations. The whole thing is worth reading, but some highlights:

• "Endowments have shrunk everywhere, and sizable budget cuts have been the rule at museums in Atlanta, Baltimore, Denver, Detroit, Indianapolis, Los Angeles, Philadelphia and San Diego."
• "In Michigan, where the struggling Detroit Institute of Arts recently laid off 20% of its staff, the 2010 budget proposed by Governor Jennifer Granholm would cut arts funding to exactly nothing."
• "In April the [Art Institute of Chicago] ... announced plans to increase admission for adults from $12 to $18 .... In response, Chicago alderman Edward Burke threatened to end the museum's city-supplied free water. Eventually a compromise was reached: the institute would charge out-of-town visitors the full amount, but Chicagoans would get a $2 discount." (I mentioned this controversy here.)
• The federal stimulus package includes $50 million for the National Endowment for the Arts (NEA). "President Obama has also proposed increasing the NEA budget next year by $6 million, to $161.3 million. ... But at the same time, arts groups are worried about what they see as a serious threat to their donor base: the White House proposal to reduce as much as 20% the tax deduction that higher-income families can take for charitable contributions." (I've mentioned that serious threat a number of times, including here.)

Full post as published by The Art Law Blog on June 01, 2009 (boomark / email).