The data comes from ArtsMemphis on the arts groups it funds. It says that contributions from individuals increased in 2020 and that trend is continuing in 2021, but a decrease in corporate and foundation giving is reducing earned revenue for 2020-21 over 2019.
“Our arts organizations have made strategic shifts in operations and programs in order to continue harnessing an audience and providing artists a platform to create,” said Elizabeth Rouse, president and CEO of ArtsMemphis. “Hope and anticipation for a sense of recovery are brimming, but this recovery period requires major support. We’ll need community support to return to the economic powerhouse position the nonprofit arts sector was for the county prior to the pandemic.”
Arts organizations have reported an 80 percent reduction in the number of artists hired in 2020 versus 2019, resulting in 8,570 arts jobs lost. Layoffs or furloughs were reported by 53 percent of arts organizations, impacting 560 positions, or 44 percent of the arts sector workforce.
Hattiloo Theatre’s Ekundayo Bandele, speaking to a group of ArtsMemphis donors recently, said, “As we continue to modify our strategic plan, we’re putting our earned revenue in a separate column. We’re not counting on it, however, we are setting ourselves up for the long haul so we may remain a strong cultural resource for our community and one that is at the tip of the spear for the Black theater network.”
ArtsMemphis distributed $2.8 million in fiscal year 2020 to 137 individual artists and 71 organizations. It also hosted more than 30 convenings of the arts sector, and provided grantees with assistance in CARES funding opportunities. It will award its latest round of operating support grants this quarter.
