Tag: Americans for the Arts

While the arts sector was effective in securing PPP loans, the $1.8 billion received by 9,917 nonprofit arts organizations severely lags its $9.1 billion in pandemic losses

The coronavirus has had a devastating impact on America’s arts sector. Nationally, financial losses to nonprofit arts and cultural organizations are an estimated $9.1 billion as of July 13, 2020. 96% of organizations have cancelled events since the onset of the pandemic—many well in to 2021—resulting in a loss of 327 million admissions. 62% of artists have become unemployed. On March 27, 2020, Congress passed… Read more »