Only one in ten arts organisations predict fundraising income will grow this year and nearly 40% are expecting further decline, according to the latest Arts Quarter (AQ) survey exploring impacts of the recession on the sector. Organisations outside London continue to face a greater struggle than those in the capital, but those in theatre are faring better than other artforms, especially with corporate sponsorship. Declining income from hospitality revenues, merchandise sales and education programme fees is being much more widely anticipated, and more than a quarter expect earned incomes to fall further in 2011. A summary of the report is on AQ’s website, and the full report is available on request.
http://www.artsquarter.co.uk/news.html
See News Comment, p5
Published: 01-11-2010