Arts Giving Down Sharply In US

For the first time in 12 years, charitable giving in the US was down last year. But cultural groups took a big hit, reports the Chronicle of Philanthropy. “A large, one-time gift in the 2001 fiscal year from the Wallace-Reader’s Digest Fund to two arts and cultural groups in this year’s survey had the effect of causing donations to arts groups to decline steeply last year in percentage terms. The 14 arts organizations in the survey saw their aggregate gifts fall 26.5 percent in 2002. Some arts groups, however, say that they expect to raise at least as much in 2003 as they did last year, in part from capital campaigns.”