The 2019 NEA Audit and You—Beware July Costs

From Carol White, Associate Director of Operations – Thanks again to all the TN Arts Commission grantees who provided accounting documentation upon request from the National Endowment for the Arts Inspector General this winter.  The Audit report is now available. Tennessee passed the audit with limited findings and no funds to be returned. However, one finding […]

National Arts and Culture Report Losses of over $4 Billion

From Anne B. Pope, Executive Director – The Americans for the Arts Research Team published an update on human and financial losses to artists and the nonprofit arts sector resulting from COVID-19. National survey responses indicated that national financial losses to the nonprofit arts organizations are estimated to be $4.8 billion (as of April 21)—up from […]

How Will the Pandemic Change the Arts?

Memphis arts organizations plan for an uncertain future. by JON W. SPARKS and CHRIS MCCOY, Memphis Flyer (reprinted with permission) –  Memphis cultural organizations are planning for an uncertain future. A recent study published on the Know Your Own Bone website had some information that cultural organizations are studying carefully. The survey asked what it would […]

AEP6 Postponed Until 2021

From Carol White, Associate Director of Operations – Due to COVID-19, the upcoming Arts & Economic Prosperity 6 study has been postponed for one year. Study partner recruitment will occur in 2021. To put more daylight between the coronavirus and the study, audience and organization surveying will take place in 2022 (about FY 2021-22 budgets/attendance). AEP6 will […]

Small Business Administration Loans Update from NASAA

From Kelly J. Barsdate, Chief Program and Planning Officer, NASAA The National Assembly for State Arts Agencies (NASAA) has received several inquiries about eligibility for SBA Paycheck Protection Program and Economic Injury Disaster loans. Nonprofit 501(c)(3) organizations are eligible to apply, as are sole proprietors and self-employed individuals. These eligibility provisions make SBA loans a potentially […]