Survey: NYC’s Cultural Nonprofits Still In Sorry Shape

“Out of 114 cultural institutions polled in January, 42% anticipate cancelling or postponing programs this year, the exact same amount as last year. And nearly 30% of the groups are postponing moves or capital projects this year compared to 25% last year.” On the upside, fewer organizations plan to lay off employees.

Source: Crain's New York Business 05/26/10