MENAFN - Middle East North Africa . Financial Network Big companies trail in supporting the arts

MENAFN - Middle East North Africa . Financial Network: "Big companies trail in supporting the arts
UPI - Monday, December 13, 2004

Date: Monday, December 13, 2004 12:16:02 AM EST By FREDERICK M. WINSHIP
NEW YORK, Dec. 13 (UPI) -- Nearly 90 percent of the $3.32 billion given the arts by U.S. businesses last year came from small and midsize companies rather than the nation's large corporations, according to a national survey released this week.
The survey commissioned by the Business Committee for the Arts and conducted last July and August showed that small businesses had contributed 49 percent of total corporate giving to the arts in 2003 and midsize businesses had contributed 40 percent. The survey's margin of error was plus or minus 4 percent.
'The survey findings dispel the general notion that only big businesses supports the arts,' BCA President Judith A. Jedlicka told UPI."