Cleveland Arts Center Keeps Raking In The Cash

Cleveland’s $42 million “Idea Center”, which will house dance studios, a small theater, and broadcast facilities for local public radio and TV stations when it is completed, got another major gift this week when the Reinberger Foundation pledged a cool million to the project. “This is the third major gift for the project this year. The George Gund Foundation contributed $1.6 million in July. Key Bank donated $1 million in March. The two nonprofit partners have raised about $10 million. They hope to raise an additional $17 million, with the rest of the money coming from historic tax credits and the state.”