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AGENCY TESTIMONY
Challenges facing the cultural sector
2:20:51
ยท
39 sec
Commissioner Cumbo acknowledges the significant challenges facing the cultural sector in New York City, despite the ongoing investments and developments.
- Foundations are shifting their focus away from the arts.
- Corporations are cutting support for cultural institutions they previously championed.
- Individual donations to cultural organizations have decreased across the sector.
- Federal arts and cultural funding sources are being eliminated, shifted, or called into question.
These challenges are creating a difficult environment for cultural organizations, even as the city continues to invest in the sector.
Laurie Cumbo
2:20:51
While I could not be more proud of the work our agency and our sector is doing and the investments we are stewarding on behalf of all New Yorkers, I also want to recognize the very real challenges that our sector is facing despite all of the excitement that's happening in terms of evolution and creating a stronger and more inclusive cultural community.
2:21:12
Foundations are shifting their focus away from the arts.
2:21:15
Corporations are cutting support for institutions they once championed.
2:21:19
Individual donations are down across the sector, and now organizations are seeing once reliable federal arts and cultural funding sources eliminated, shifted, or called into question.