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02/08/2010 Budgeting for Those Who Would Rather NotOn February 3, the New York library/learning center and the Arts & Business Council of New York presented a panel comprised of Fran Smyth of the Arts & Business Council of New York; Ed Jones of the Philanthropic Services Group at JPMorgan Chase; and Elaine Luttrull, Senior Financial Analyst at the Juilliard School to offer some budgeting wisdom from the perspectives of both funders and nonprofits. The seminar, titled Budgeting for Those Who Would Rather Not, brimmed with information for those nonprofit professionals to whom financial planning might not come naturally. Here are some of our panelists’ tips for successful, (relatively) painless budgeting: Philanthropy Front and Center - New York A blog that spotlights grantmakers, their grants, and the work of the Foundation Center and other nonprofit organizations in the New York metro area and beyond. 
12/11/2009 The Arts Have a Friend in the White HouseAs he nears the end of his first year in office, Barack Obama can count the largest infusion of cultural funding in decades as one of his signal achievements, the Associated Press reports. And though arts advocates say it is still less than what is needed, they are hopeful the president will manage to transform arts policy, funding, and education in the United States for years to come. Since his inauguration, Obama has hosted a variety of musical performances and workshops at the White House featuring classical, jazz, Latin, and country music. At the same time, the administration has secured $100 million in new funding for the arts, including a one-time $50 million infusion from the economic stimulus package to preserve arts-related jobs around the country. While arts supporters had hoped for a greater financial commitment from the administration, the increases are viewed as significant and symbolic of the president's support. At the National Endowment for the Arts, chairman Rocco Landesman, a former Broadway producer, has said he would like to resume making grants to individual artists—a practice that was ended during the culture wars of the 1990s. But with the NEA budget well below its 1992 high-water mark of $176 million, the agency is likely to hold off for the time being. In pressing for a restoration of funding, Americans for the Arts, a leading advocacy organization, has emphasized the economic impact of the arts and culture sector, which today employs nearly six million people at a hundred thousand nonprofit art groups—up from just seven thousand half a century ago. Federal funding helped fuel that growth, said Americans for the Arts President and CEO Robert L. Lynch, by leveraging additional public and private support for the arts. "It's been so successful over the past fifty years," said Lynch. "It's good business sense for there to be a bigger investment." See also: “Capital Culture: Obama Drops Cautious Arts Policy,” Associated Press 12/08/09 PND Philanthropy News Digest A Service of the Foundation Center 
11/30/2009 Hey, What's Missing Here?According to an article in the Sunday New York Times business section on November 29, 2009, some who sought at the last minute to serve holiday food to the less fortunate found their help was not needed. In the Times article, the executive director of the NYC Coalition Against Hunger recommends volunteers donate specific abilities, such as computer or legal skills. What about helping the arts? At ABC/NY, we match business resources to arts needs year-round, serving NYC’s nonprofit cultural organizations—which in turn inspire and engage kids, families, and the general public in every New York community, from the most needy to the most affluent. We orient and guide hundreds of businessmen and women to assist theaters, arts education groups, dance companies, museums, and historic houses, most of them small, many of them community-based, as pro bono consultants in marketing, finance, planning, HR, IT, and more. The good news? Our Business Volunteers for the Arts report enormous satisfaction from their work in the many infrastructure areas where nonprofits are under-resourced. Some are involved for a few hours; some move from project volunteering to leadership positions on nonprofit boards. Beyond volunteer interest peaking at the holiday season, we have seen an extraordinary rise through the past year’s recession. Find out more about Business Volunteers for the Arts at www.artsandbusiness-ny.org/sc/bva. The New York Times Volunteering? It's Easy to Avoid the Waiting List 
08/10/2009 Arts/Business Breakfast in Chenango CountyThe Chenango County Council of the Arts has scheduled a Business/Arts breakfast on Friday, August 21 at 7:30 a.m. in the Martin W. Kappel Theater, 27 West Main Street, Norwich. Titled “The Business/Arts Connection,” the breakfast will feature Will Maitland Weiss, Executive Director of the Arts and Business Council of New York, speaking on “Arts & Economic Prosperity: National Perspective, Local Applications.” A special recognition award will also be given to The Evening Sun and Pennysaver for their long term commitment to and support of the arts in Chenango County. The Evening Sun Chenango County's Hometown Daily 
08/01/2009 Music Major Finds Career DirectionMusic Major Finds Career Direction Through Internship: ABC/NY Multicultural Arts Management program 2009 intern Natalia Sanders discusses her experience working at Manhattan New Music Project. University of Richmond College of Arts & Sciences website 
08/01/2009 Volunteering in the Puppetry ArtsExecutive Director of Puppetry Arts Theatre Tim Young had a $500 problem. But with the help of ABC/NY Business Volunteer for the Arts Elaine Grogan Luttrull, what began as an hour or two to complete a tax return evolved into an ongoing business volunteer relationship that helps this small arts organization continue delivering on its mission—to offer creative outlets and cultural exploration through puppetry. United We Serve website 
07/23/2009 "Lifeline" Program for Arts NonprofitsThere are a few action items in the latest email blast from the Arts and Business Council of New York, which is a division of Americans for the Arts. The action item perhaps most vital for the arts sector is the Lifeline program. Quoting from the email: Free expertise. At its annual Encore Awards this year, ABC/NY announced the launch of the Lifeline Project: to assist arts organizations through the current, difficult economy. Drawing on ABC/NY’s core of pro-bono business volunteers, Lifeline provides expertise to help your organization redesign for success. Executives with finance, planning, marketing, human resources, and other backgrounds are available to be deployed to assist you in optimizing opportunities to increase efficiencies and explore new revenue potential. Customized, dedicated, arts-specific, a.s.a.p.– but we will work with you as long as you want, as long as it takes. Cost benefit options articulated at no cost; your choice how to proceed. ABC/NY is also soliciting private funding to make grants to the arts organizations Lifeline volunteers work for, particularly those who have identified new and innovative ways to partner with other like organizations, resulting in cost savings and/or maintaining or increasing marketing or program possibilities. (Stay tuned!) We welcome the opportunity to talk with you about how Lifeline could help your organization. Please contact us at lifeline@artsandbusiness-ny.org. The Clyde Fitch Report The nexus of arts and politics
07/23/2009 NEA Funds Are StimulatingLast February, as part of the American Recovery and Reinvestment Act, Congress gave $50 million to the National Endowment for the Arts. Separate from the agency’s annual budget, the sum was designated for the creation and preservation of jobs at nonprofit arts groups suffering from the economic downturn. Roughly 40 percent of the money, or $20 million, was delivered last spring to 56 state and regional arts agencies to be distributed to groups in need. And on July 7, the NEA unveiled a sweeping list of 631 nonprofit arts organizations, in all 50 states, to which it would grant the rest of the money directly, in blocks of $25,000 and $50,000. Read the entire article to find out where some of the money is going and how it's being used to support jobs in the arts. The Clyde Fitch Report The nexus of arts and politics 
07/16/2009 NY Arts Could Suffer in CIT BankruptcyCultural institutions could take a financial hit, should leading arts lender CIT Group be forced to file for bankruptcy, experts said on Thursday. CIT has been a major donor to The Metropolitan Museum of Art, the American Museum of Natural History and The New York Public Library, and it was the lead corporate sponsor to help conserve an historic portrait collection of more than 100 paintings at New York's City Hall. Fears of its potential bankruptcy, which grew after the company said on late Wednesday bailout talks with the government had ended, raised the specter of diminished grants and donations, said Will Maitland Weiss, head of the Arts and Business Council of New York. "If it does come to pass, it will have a negative affect across the nonprofit sector and specifically the arts sector," he said. CIT, a 101-year-old company that lends to hundreds of thousands of small and mid-sized U.S. businesses, was one of the ten largest corporate supporters of the arts in New York, Weiss said. Read the full article for more on CIT's ripple effect. Reuters 
07/02/2009 Arts & Economics in SyracuseA need to focus on the arts has been bantered about in Syracuse for years. After all this churning it seems to have finally risen to the top of the agenda. As the arts are definitely the fuel of choice for the Downtown Committee of Syracuse’s (DCS) economic thrust. Jim Breur the Chairman of the DCS said the revitalization of downtown has been closely related to the expansion of arts and education and cultural attractions. Playing this hand the DCS brought in Will Maitland Weiss, the Executive Director of the Arts and Business Council of New York (ABC) as its keynote speaker. Weiss confirmed that this is a winning strategy employed successfully in many cities. The ABC’s mission is to cultivate and stimulate alliances between the arts and business. The crop is green, as in dollars also known as economic growth. This was John D. Rockefeller III’s vision when he started the ABC. Weiss said you can do this here is Syracuse, “Three words: More – Creative – Partnerships.” Read the full article to find out about More Creative Partnerships in Syracuse and Central New York. CNYLink powered by Eagle Newspapers 
05/26/2009 ABC/NY 44th Annual Encore AwardsThe Arts & Business Council of New York, a division of Americans for the Arts, celebrated excellence in arts/business partnerships, arts management, and business volunteerism in the arts at the 44th Annual Encore Awards on Tuesday, May 26, from 5:00-8:00 p.m. at TheTimesCenter. In spite of the economic downturn, the honorees have all demonstrated innovation and resourcefulness that have made a significant positive impact on both arts organizations and businesses. The 2009 Encore Award winners are: Arts/Business Partnerships Award • Alvin Ailey American Dance Theater and Diageo • CITYarts and The Walt Disney Company • Learning through an Expanded Arts Program (LeAP) and Fidelity Investments and the Viertel/Frankel/Baruch/Routh Group • Museum of Arts & Design and Steelcase, Inc. Excellence in Arts Management Award • Carol Enseki, President, Brooklyn Children’s Museum Creative Business Volunteer Award • Elaine Grogan Luttrull, for her work with The Puppetry Arts Theatre Click the link to the full article for photos and more about the event. CharityHappenings.org The Official Master Calendar of Non-profit Events
05/01/2009 Downturn Deters Charity GalasThe time-honored system of black-tie charity tributes is breaking down, another casualty of the worst economic climate in decades. “This idea of getting on the phone and saying, ‘Wouldn’t you like to be honored at our gala?’ — that’s more difficult, more challenging now than in my 30 years of experience at this,” said Will Maitland Weiss, executive director of the Arts and Business Council of New York, which encourages companies to support the arts. With honorees in short supply, the entire fund-raising ecosystem on which many nonprofit institutions depend — especially those reliant on the financial sector — is endangered. Despite the high costs of mounting a benefit, most nonprofit groups — environmental, health, social service, cultural and educational — try them at one time or another. How much a group gleans from a gala varies dramatically: for some, it’s a few percentage points of the annual budget; for others, one big party in a hotel ballroom pulls in the bulk of a year’s expenses. Click the link to read the full article. The New York Times
04/19/2009 White Plains PAC Faces Steep Funding CutsThe City of White Plains, which holds the lease on the theater’s space on the third floor of the City Center, an entertainment and retail complex downtown, announced on April 6 that it had cut all funding to the theater from its proposed budget for the fiscal year beginning July 1. The city has contributed $100,000 annually to the arts center — which has a $1.7 million budget — since its founding in 2003. Corporate financing plays a bigger role in the White Plains Performing Arts Center’s budget than for other regional theaters, said Will Maitland Weiss, executive director of the Arts & Business Council of New York, a nonprofit organization based in New York City that advises arts groups and corporations. “The typical regional theater would get half its income from the box office, 30 percent from individual contributions and the remaining 20 percent from foundations, government and corporations, with the corporations being the smallest part,” he said. Click the link to read the full article. The New York Times previous | |
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Last Modified: 01/09/2012