| The bottom line is funders have seen their endowments take 30-40% hits over the last few months. They are delaying if not canceling payments. Many arts groups cannot wait 6 months nor withstand any canceled payments.
90 organizations got together this afternoon to talk. Some groups are in the same dire straits as Intermedia Arts and others are better off. They all know they must work together so as many as possible can survive.
"We have a 3 to 5 year plan," explained Board Chair Jim Farstad. "But we now have 3 to 5 months to implement it and we have 3 to 5 weeks to get it rolling."
They realized last summer that they relied to heavily on major donors and major foundation gifts. They began planning how to expand their earned income and individual donor giving. Then the economy collapsed. Now they have no choice but to adapt.
Intermedia Arts is probably going to survive in some form. But, you all can help ensure that it remains a vital incubator for new artists and new organizations.
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Tonight, 150 people packed the performance space to hear the explanation from Farstad and staff. Unsurprisingly, the staff members are still working their butts off to try and save the organization.
"The only thing that has been constant here is change," said Marlina Gonzalez, Programs Manager. "Fully funded programs will continue. Those programs not dependent upon using the facilities here [like computers, recording equipment, soundstage, etc.] will continue."
"We need foster care for our emerging artists programs," Production Manager Diana DomÃnguez explained. "Frankly, we need roommates." There are probably plenty of other organizations in similar shape, but have a little money.
Julie Bates, Literary Programs Manager, further explained why they believe so strongly in their mission and gave an passionately plea for help.
"We're not willing to make decisions about Intermedia Arts before we've heard from you," she explained. "Intermedia Arts is a community organization." The second half of the meeting was a listening session. Elizabeth and I had to leave, because peanut was too fussy, but I'm sure they'll have something up about it.
So help out with a donation of any kind. Then find a few friends who could help too. |