Measuring The Arts’ Rate Of Return

“Houston is an economic powerhouse in energy, technology, international trade and medical research… But Houston is also an economic powerhouse in the arts. When you compare this to the city of Houston’s $10 million public investment in the arts and the state’s symbolic $3.9 million investment, the citizens of Houston are getting a fifty-four percent rate of return on their tax investment.”

St. Louis Arts Feeling The Pinch

“Theaters, museums and cultural centers across [St. Louis] have cut budgets, jobs and programs in response to the economic downturn. Box office numbers are off only slightly — for now. But ticket sales only cover part of nonprofit groups’ costs… The downturn has had an immediate impact on arts programming, capital improvements and fundraising.”

Seven Words You Can’t Say Anywhere, Apparently

“George Carlin’s ‘Seven Words You Can Never Say on Television’ was so far ahead of its time — or maybe just so plain profane — in 1972 that you still can’t utter the Big Seven on prime-time broadcast television… And as it happens, you can’t necessarily hear them at the Kennedy Center, either,” where the routine was mercilessly bleeped during a ceremony honoring the late comic. Some in attendance found it ironic – others were merely annoyed.

Is Newfangled ‘Philanthrocapitalism’ Really Different From Good Old-Fashioned Philanthropy?

“Venture philanthropy” (“non-profit in nature, entrepreneurial in spirit” à la Bill and Melinda Gates Foundation) – is it really revolutionary? One veteran argues that most such organizations have always been “extremely results-oriented… and the use of business principles has been in the foundation world for a long time.” Another contends that “some private sector principles… simply do not translate. Long-term ‘social transformation,’ for example, is neither easy to measure nor always cost-effective in profit-maximizing terms.” And what happens as the value of endowments plummets?

S.F. May Limit Exec Salaries At City-Funded Nonprofits

“As compensation for executives of large corporations has come under scrutiny nationwide, San Francisco lawmakers are considering a proposal to limit the salaries of executives at nonprofit organizations that receive city funds. The proposal by Supervisor Jake McGoldrick seeks to limit salaries and benefits for executives to six times the total compensation of their lowest-paid full-time employee.”

The Death Of Newspapers: It’s Not Journalists’ Fault

“When the obituaries are written for America’s newspapers, count on journalists to indict themselves in their own demise… We could have saved ourselves, goes the refrain, if only we had been more creative and aggressive and less risk averse. To which I can only reply: Oh, please… Newspapers are in trouble for reasons that have almost nothing to do with newspaper journalism, and everything to do with the newspaper business.”

But Dan Savage Has An Idea To Save Them

“I mean, daily newspapers all need to put ‘f***’ in a headline above the fold one day – it’ll solve all their problems. That’s my prescription. And then in one fell swoop they’ll get rid of all those 80-year-old subscribers who won’t let them drop ‘Blondie.’ Catering to the 80-year-olds? Where’s that getting newspapers? Making sure there’s nothing in your paper that’s inappropriate for an eighty-year-old to read?”