Pandemic Has Dealt a $550M Blow to the City’s Arts and Culture Orgs, Study Finds

Arts education organizations, small venues, and community-based organizations are suffering the most in New York City’s nonprofit art sector due to Covid-19, a new study shows.

The study, conducted by NYC’s Department of Cultural Affairs, SMU DataArts, and Americans for Arts, surveyed over 810 cultural organizations on the direct impact of the Covid-19 pandemic on their operations. The survey ran from April 24 through May 8, and shines light on the difficult circumstances nonprofit arts organizations have faced since the lockdown in March. 

The overall financial impact on the city’s arts orgs amounted to $550 million, including both revenue losses and unanticipated expenses. A total of 15,149 people— some 21 percent of staff at museums and…

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