Arts Organization Capitalization Needs: A Primer

As organizations reemerge from the pandemic, their cash positions are worse than ever. Nearly half of arts leaders surveyed by ABA expect a deficit budget next year.

Audiences have been slow to return, and many long-time donors are turning their attention to social justice and safety net causes. At the same time, inflation is driving up costs and staff are turning over at record numbers.  To survive and thrive, arts organizations absolutely must have more capital, and it must be the right kind of capital, to navigate the risky path ahead.

To support this, ABA has written a capital primer to educate board members, funders and other stakeholders about arts capitalization needs.