Report: Falling Below The Bottom Line? America’s Arts Organizations Struggle To Keep Up

The central question raised in this report is: “Are organizations bringing in enough revenue to cover their expenses?” Looking at unrestricted surplus (before depreciation), the average organization saw an unrestricted surplus of 2.1% of expenses in 2016. In the same year, overall operating bottom line (before depreciation) was 0.4% of … Read entire story.

Source: ArtsJournal