Search results
Results from the WOW.Com Content Network
The New Deal program Art-in-Architecture (A-i-A) developed percent for art programs, a structure for funding public art still utilized today. This program allotted one half of one percent of total construction costs of all government buildings to the purchase of contemporary American art for them. [ 16 ]
The National Endowment for the Arts was created during the term of President Lyndon B. Johnson under the general auspices of the Great Society.According to historian Karen Patricia Heath, "Johnson personally was not much interested in the acquisition of knowledge, cultural or otherwise, for its own sake, nor did he have time for art appreciation or meeting with artists."
However, before interpreting the figures, it should be borne in mind that art is often exempt of many kinds of taxes. In 1986, Baumol made an estimate of an average yearly rate of return of 0.55 percent for works of art, against a rate of return of 2.5 percent for financial assets, over a 20-year period.
A Cornish art festival has relaunched after a funding shortfall earlier this year put next year's event in doubt. Cornwall Open Studios started in 1998 but announced in September it would not run ...
The agenda item in the board packet said the project was being funded by a state Fine Arts Grant. “The district has been pretty tight-lipped about any details of this grant,” said Maughan.
Art museums in the United States and the United Kingdom have been hit especially hard by the 2008–2012 global recession.Dwindling endowments from wealthy patrons forced some museums to make difficult and controversial decisions to deaccession artwork from their collections to gain funds, or in the case of the Rose Art Museum, to close the institution and sell the entire collection.
The fact that the vast of newly digitally accessible arts and culture content was provided for free, and without geo-blocking, resulted in increased the public and artists' awareness of the global demand for online access to culture, the limits of copyright law; and the expectations of access to publicly funded creative works. [110]
Percent for art programs are used to fund public art where private or specialized funding of public art is unavailable. Similar programs, such as "art in public places", attempt to achieve similar goals by requiring that public art be part of a project, yet they often allow developers to pay in-lieu fees to a public art fund as an alternative.