Monday, December 29, 2008

Kaiser: Emergency for the arts

Michael Kaiser, president of Washington's Kennedy Center, says arts groups are "quickly and rather quietly falling apart," as the economic downturn creates a "perfect storm" of depleted ticket sales, declining contributions and decimated endowments.

"We need an emergency grant for arts organizations in America, and we need legislation that allows unusual access to endowments. Washington must encourage foundations to increase their spending rates during this crisis, and we need immediate tax breaks for corporate giving," Kaiser writes in The Washinton Post: