Symphonic Shorts
News & Announcements
The Florida Orchestra in Tampa bucked the trend and reported a surplus of $480,000 for the 2001-2 season...the New World Symphony has selected Danail Rachev for its first year-long Conducting Fellowship...the New World Symphony has received a $1.6 million endowment and operating grant from the Helen F. Whitaker Fund...the Gusman Center’s Olympia Theater recently reopened to $2 million in renovations, including painting, rewiring, new air conditioning, and acoustical adjustments...the Miami Herald reports that South Florida fundraising is down 50% from two years ago, partly attributed to the completion of university campaigns totaling $425 million...the Greater Palm Beach Symphony received a $1 million endowment check from arts patron Dora Bak, who also recently gave $1.5 million to the Palm Beach County Middle School of the Arts...the Florida Philharmonic has appointed Kathy Yarbrough, former executive director of the Alabama Symphony, as Director of Development...the New World Symphony participated on October 29 in the Internet2 National Conference in Los Angeles...
Supporting Arts Pays Dividends
The arts play a major role in healing the nation in times of crisis, but it seems that they have an enormous economic impact as well. A recent study by the Georgia Institute of Technology for Americans for the Arts found that the nonprofit arts industry generates $134 billion in economic activity each year and supports 4.85 million full-time equivalent jobs. The industry also generates $24.4 billion in tax revenues each year—more than eight times the $3 billion the government spends on the arts.
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