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Construction of Artistic Venues Declining

Construction for North American cultural centers is slowing down, reported Wall Street Journal. Even though more than 360 American performing arts venues were built from 1994 to 2008, according to an upcoming study by the University of Chicago's Cultural Policy Center, hearing about the financial woes of artistic intuitions, like Seattle's Intiman Theatre, has convinced communities to hold off on renovating or building venues.

Facilities that have been recently constructed may also be in danger. A study by the National Endowment for the Arts illustrated that the percentage of American adults attending operas decreased by one-third from 2002 to 2008, which was during that period of enthusiastic construction. In short, the supply occurred without the demand, and now those financial gambles may not pay off if attendance doesn't increase. For instance, David H. Koch Theater, which houses New York City Ballet and until recently  New York City Opera, underwent major renovations over the last three years.  City Opera, however, left Lincoln Center a few months ago due to major financial problems and high rent costs.

Foreign institutions are not boding well either. In June, The New York Times reported that Rome's Teatro Valle has suffered budged cuts, and according to CBC news, on Canada's federal finance minister Jim Flaherty warned cultural institutions they should not rely on regular government support as they previously had. As the vagaries of the economy continue, the future of many cultural centers remains uncertain in America and abroad.

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Comments

I would like to add to this article, PART OF THE PROBLEM WITH COMMUNITY ART INSTITUTES that are losing money is because their staff and the donated money are NOT going to the community.

Some of these non-profits take advantage of the TAX free system and take advantage of the peoples donations. The community doesn't want to pay for over inflated costs for fundraising services or a salary of 100k a year.

The community doesn't want to pay for a shady charity company either. Some of these so called "non-profits" corporate officers own other "for profit" and try to cycle the money to their for profit corporations! It's a loop hole that savvy but unethical business people do.

FOR EXAMPLE: A C.E.O. of a charity non-profit is C.E.O of a for-profit "fundraising service" that helps the non-profit raise money on commission or based on deferred pay. So lets say they both raise $400,000.00 dollars from hard working people who donated all that money to the charity in hopes of helping the art community. AFTER the "For-profit fundraising company" can now say their bill is $50,000.00 dollars for the cost of all the things they did. So guess who banks on that? The C.E.O. that is not only the officer for the non-profit but also the officer of the "fundraising company".

You see what I mean? You see how greedy some people are and take advantage of government programs like that?

This is why a group of us artists and producers formed a non-profit educational production studio that helps kids and other non-profits and art institutes. We have created a PROVEN business model within a charity goal. I'm not trying to do a sales pitch here but I am proud of what we are doing and wish to share it to those who read this article.

Our goal is to become the FIRST non-profit MAJOR motion picture studio and talent agency for KIDS.

Last year we soft launched our openbook program that helped foster kids. Up next is our sponsorship program started JAN 2012, Community Dream Studios will be sponsoring children to take singing and music lessons at a for-proit studio non owned or affiliated by CDS.

99% PERCENT !!!

OF THE CDS DONATIONS GO DIRECTLY TO THESE KIDS AND THEIR MUSIC EDUCATION.

WE ARE A TRUE 501(c)3 charity dedicated to not only helping underprivileged youth make a living from their dreams but chance the world for the better.

Art needs to be protected and not fundamentally driven by monetary gain but to inspire the world to become a better place but most importantly to SAVE LIVES!

Thanks,
Joey Fiero
www.CommunityDreamStudios.org

Please excuse the typos and grammar in my above comment. For those who are picky about things like that, I wrote the above out of passion and not thinking about presentation.

It is the message that is important. Not my English grammar or spelling. :)

Humbly Yours,
Joey Fiero

Here in Austin, TX, it's just the opposite. Our major concert hall just underwent an 18-month, top-to-bottom renovation. Plus, we build a second major hall - The Long Center - during that time for $70+ million. And construction is almost finished on the third theatre space for the professional company ZACH Theatre, adding a 400 seat, $20+ million theatre to the mix. Next year, another professional theatre breaks ground on their new home, and the ISD is building a multi-space performing arts center. The theory is to build now, while the costs are lower.

Rob Faubion
Publisher, Austin On Stage Magazine
www.AustinOnStage.com

@Rob from Austin On Stage,

Congrats on the much success, but you just got lucky because you are in Texas, lol, just kidding! but I know how you texans feel about being on top of things. :) It was refreshing and great to read your posting about the expansion! You site has been bookmarked!

Best Regards,
Joey

@Rob from Austin On Stage,

Congrats on the much success, but you just got lucky because you are in Texas, lol, just kidding! but I know how you texans feel about being on top of things. :) It was refreshing and great to read your posting about the expansion! You site has been bookmarked!

Best Regards,
Joey

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