Arts Insights Newsletter

Arts Insights – The Economic Impact of America’s Nonprofit Arts and Culture Industry

19:39 21 September in Arts Insights Newsletter

[vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column][vc_column_text] The Economic Impact of America’s Nonprofit Arts and Culture Industry [/vc_column_text][vc_empty_space height="40px"][/vc_column][/vc_row][vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column][vc_empty_space height="20px"][vc_column_text] On June 17, 2017, Americans for the Arts released its fifth national study of the economic impact of arts organizations on local communities. The study, Arts & Economic Prosperity 5 (AEP5), is the largest study of its kind ever conducted. The report demonstrates what is known to be true: the nonprofit arts and culture industry is an economic driver in communities – a growth industry that supports jobs, generates government revenue, and is a cornerstone of tourism. AEP5 is a unique guide for how to best create effective advocacy and community engagement programs, focusing on the local economic benefits of arts and culture organizations. This information supplements the ongoing social, educational, and artistic impacts that are at the core of vibrant communities. Arts Consulting Group thanks Americans for the Arts for...

Arts Insights – Arts & Culture Leadership: Four Action Steps to Create a Stronger Board

16:19 24 August in Arts Insights Newsletter

[vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column][vc_column_text] Arts & Culture Leadership: Four Action Steps to Create a Stronger Board Wyona Lynch-McWhite, Vice President [/vc_column_text][vc_empty_space height="40px"][/vc_column][/vc_row][vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column][vc_empty_space height="20px"][vc_column_text] Board leadership is a core element in the success of all nonprofit organizations and perhaps more so in the unique arts and culture sector. While each board is unique and possesses its own set of institutional challenges, industry best practices are relevant across all arts and culture disciplines and can be useful to assess the strength of an organization’s board. In this edition of Arts Insights, Arts Consulting Group (ACG) highlights the findings of the recently released “Museum Board Leadership 2017: A National Report” by governance research leader BoardSource, in partnership with the American Alliance of Museums. The report looks at three categories of board practices: People, Work, and Culture. It also compares the response data from 861 participating museums with the broader nonprofit sector response included in its...

Arts Insights – Three Reasons to Prioritize Board Education

14:18 28 June in Arts Insights Newsletter

[vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column][vc_column_text] Three Reasons to Prioritize Board Education Rebekah Lambert, Senior Vice President [/vc_column_text][vc_empty_space height="40px"][/vc_column][/vc_row][vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column width="1/2"][vc_column_text] “There are times in meetings when I don’t know the history. Decisions get made based on what’s been done; when you don’t have that knowledge, that’s difficult.” - A Symphony Orchestra Board Member [/vc_column_text][/vc_column][vc_column width="1/2"][vc_column_text] “We don’t have a focus on the groups we fund. There’s little time spent talking and learning about the area in which we spend 95 percent of our money.” - An Arts Service Organization Board Member [/vc_column_text][/vc_column][/vc_row][vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column][vc_empty_space height="20px"][vc_column_text] Time and time again, the board members of arts and culture nonprofit organizations confess that they do not have the tools and knowledge needed to be effective board members. Perhaps they are not sure how to read the organization’s financial statements. Maybe they do not understand the complexities, history, and strategic import of an agreement with a landlord, a primary workforce...

Arts Insights – A Vibrant and Creative Workforce: Arts and Culture Employment Highlights

19:27 21 June in Arts Insights Newsletter

[vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column][vc_column_text] A Vibrant & Creative Workforce: Arts & Culture Employment Highlights [/vc_column_text][vc_empty_space height="40px"][/vc_column][/vc_row][vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column][vc_empty_space height="20px"][vc_column_text] Editor’s Note: Arts Consulting Group (ACG) is pleased to share the findings on arts and culture employment throughout the United States, based on the following research conducted by Arts and Cultural Production Satellite Account (ACPSA) and released by the National Endowment for the Arts (NEA) on April 19, 2017. We hope this information helps organizations better understand the vital part the arts and culture play within our communities and economy. We thank the NEA for granting ACG permission to republish these findings and for its tremendous service to the arts and culture sector. [/vc_column_text][vc_empty_space height="40px"][/vc_column][/vc_row][vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column][vc_column_text] Latest Economic Data Tracks Arts and Cultural Jobs Per State For the first time, state leaders will have authoritative federal data on arts and culture employment and compensation in their states with the announcement of the...

Arts Insights – Investing in the Arts and Future of Our Communities

14:25 20 March in Arts Insights Newsletter

[vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column][vc_column_text] Investing in the Arts & Future of Our Communities [/vc_column_text][vc_empty_space height="40px"][vc_column_text] Editor’s Note: Based on the following research conducted by National Assembly of State Arts Agencies (NASAA) released in February 2017, and in support of Arts Advocacy Day on March 20 and 21, 2017, Arts Consulting Group (ACG) is pleased to share NASAA’s findings on increased state arts appropriations. ACG recognizes that national, state, and federal investments in the arts generate significant social, economic, cultural, educational, and community returns. We thank NASAA for granting permission to republish its findings and congratulate the NASAA Board and staff for its tremendous service to the arts and culture sector. [/vc_column_text][vc_empty_space height="60px"][vc_column_text] State Arts Appropriations Increase in Fiscal Year 2017 Legislative appropriations to state arts agencies increased by 8.0% in fiscal year 2017, according to the State Arts Agency Revenues report, published by the National Assembly of State Arts Agencies (NASAA). [/vc_column_text][/vc_column][/vc_row][vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column width="2/3"][vc_empty_space...

Arts Insights – Is It Feasible The Reality of Developing a New or Revitalized Cultural Facility

21:17 13 February in Arts Insights Newsletter

[vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column][vc_column_text] Is It Feasible? The Reality of Developing a New or Revitalized Cultural Facility Victor Gotesman, Vice President [/vc_column_text][vc_empty_space height="20px"][vc_column_text] The stakes are very high when developing a new visual art or performance venue, requiring a significant investment of time, money, and knowledge to successfully launch the venture. Whether a municipality, college or university, school district, nonprofit arts organization, or service agency, leading the effort to develop an arts and culture facility requires vision, a strong mission, clear plans, and a compelling case for support – all of which begins with a feasibility study. A comprehensive process, including facility needs assessment, program plan development, stakeholder and community engagement, market analysis, regional and national benchmarking, capital and operating cost estimation, financing/fundraising assessment, and a tremendous amount of additional data collection and analysis, is necessary to align dreams and reality, both known and yet to be discovered. In this issue of Arts...

Arts Insights December 2016

18:02 04 January in Arts Insights Newsletter

[vc_row css_animation="" row_type="row" type="full_width" text_align="left"][vc_column][vc_column_text] Be Ready for the Next Big Thing! Fundraising Strategies to Implement Now Elisabeth B. Galley and Dale C. Hedding, Vice Presidents [/vc_column_text][vc_empty_space height="20px"][vc_column_text] Special initiatives such as commissioning a new work, renovating a hall or museum gallery, or launching an endowment campaign are exciting opportunities that can only be achieved with careful planning and thoughtful preparation. However, much can be done well in advance of a major fundraising campaign launch – even before you know what that next big strategic initiative will be. In this issue of Arts Insights, we explore three practical steps your organization can take in the new year to position the board, executive leadership, and development team for maximum future fundraising success: Understand the value of wealth screening to identify potential major donors Develop customized cultivation plans for individual prospects, and Understand the role of the board nominating committee in campaign preparedness.   The Value of  Wealth Screening Ideal donors...

Arts Insights November 2016

02:36 02 December in Arts Insights Newsletter

[vc_row row_type="row" type="full_width" text_align="left" css_animation=""][vc_column][vc_column_text] The Three Sides of Organizational Diversity Wyona Lynch-McWhite, Vice President [/vc_column_text][vc_empty_space height="20px"][vc_column_text] Conversations around diversity in connection to the arts and culture industry are often perceived to be negative, as board members, audiences, and staff lament the lack of diversity in their organizations. This absence is certainly a statement of fact in the United States. However, things are beginning to change. In the past few years, the industry has engaged in significant dialogue and research about the importance of diversity and how successfully implementing strategies that take diversity into account can benefit the long-term success of arts and culture organizations. Research has examined how the makeup of boards can impact strategic effectiveness, how interactions within communities can help build audiences, and how staff composition can make us more innovative. Understanding the holistic practices around diversity, and ultimately inclusion, can take these complex issues and break them into practical applications. Initiatives at...

Arts Insights October 2016

13:12 03 November in Arts Insights Newsletter

[vc_row row_type="row" type="full_width" text_align="left" css_animation=""][vc_column][vc_column_text] Content is King: Planning Museum Projects Carolynne Harris, Vice President [/vc_column_text][vc_empty_space height="20px"][vc_column_text] Cultural facility planning is a complex process – for performing arts facilities, mixed-use spaces, and museums. Following “Are You Ready for a Cultural Facility Project?” by ACG Senior Advisor Willem Brans (2015), this edition of Arts Insights will distinguish the process and particular concerns for planning museum projects. Key Factors A key factor in museum planning is the experience you are striving to achieve for visitors, students, and communities that the museum intends to serve. The museum experience is based on content that is interstitial, not only presented on panels, with artifacts, in films, and through audio-visual components but also embedded in the physical structure and architecture of a building, the visitor engagement and educational programs, and the organizational culture. Content and visitor experience are at the core of all museum planning, not just within the exhibits. This type of...

August 2016

15:34 01 August in Arts Insights Newsletter

[vc_row row_type="row" type="full_width" text_align="left" css_animation=""][vc_column][vc_single_image image="14674" img_size="full" alignment="center" qode_css_animation=""][vc_empty_space][vc_column_text] Recent Trends in Philanthropic Giving Elisabeth B. Galley and Dale C. Hedding, Vice Presidents August 2016 [/vc_column_text][vc_empty_space][vc_column_text] For many organizations, the summer months mean a (slightly) less hectic program schedule. Additionally, this season often coincides with the closing months of the fiscal year for arts and culture organizations, making it a natural and appropriate time to review your recent financial performance. One important element of any such a review is a fact-based understanding of the current philanthropic climate, both regionally and nationally. Rather than rely on past conclusions or general giving patterns, it is a good idea to review the most current available data on national funding trends. New research from two widely regarded sources, Giving USA and U.S. Trust, can provide important context and benchmarks for understanding your organization’s recent financial performance compared to trends in the marketplace. Charitable Giving Increases Giving USA 2016: The Annual Report on...

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