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Thursday, January 30, 2014
Donors are Giving, but Box Office Is Down at the Met - NPQ - Nonprofit Quarterly
Donors are Giving, but Box Office Is Down at the Met - NPQ - Nonprofit Quarterly: These are such “interesting times” for large arts organizations because the formulas are all in flux. For instance, the New York Times reports that for the past five seasons, net donations to the Metropolitan Opera have increased from $111 million to $142.5 million and revenues from its HD presentations of operas in movie theaters increased from $22 million to $32.5 million. And that is all good—except that actual opera attendance is falling.
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