Arts Post - Arts Groups Lost Considerable Ground in the Recession: "A review of the country's arts industry shows the recession took away many of the financial gains the organizations enjoyed in the last decade.
In 2009, according to data released Monday by the Americans for the Arts, 41 percent of nonprofit arts groups failed to reach a balanced buget. That percentage, based on reporting to the IRS, rose from 36 percent in 2008, the year when the financial downturn began to take its toll on all businesses.
The findings indicate the health of the arts sector is at a 12-year low, said Americans for the Arts."
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