An Open Letter to Arts Funders: Create a Pooled Loan Fund
Tuesday, March 24, 2020
... Philadelphia cultural organizations with budgets between $1 and $5 million have three months or less of operating cash ... the nonprofit arts and culture industry generates $1.45 billion in annual economic activity and supports 39,699 ... as foundations shift priorities. Returning to Sorkin’s proposal, we believe a parallel to this approach exists ...