Impacts of the Recession on the Cultural Sector

Volume: 8 Issue: 7

Legacy ID (armUID): 
1142
In this issue: A number of recent reports, using quite different methodologies and with different timing, have examined the effects of the recession on the cultural sector in Canada and elsewhere. The main consensus of these reports appears to be that endowments, foundations and business-related funding sources are probably the hardest hit by the recession.
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Articles

  • This report includes an estimate of the overall revenues and net value-added of the cultural sector, largely based on Statistics Canada's discipline-based reports and the Conference Board's macroeconomic models of the Canadian economy. The report indicates that "the cultural sector of Canada's economy will be hit harder by the global recession than the overall Canadian economy".
  • Based on a survey of 259 publicly-funded non-profit organizations in June 2009, this study examines the impacts of the recession on Quebec-based cultural organizations. The main findings of the study include: the expectation of a significant decrease in private-sector revenues; differing results by discipline regarding earned revenues; and larger impacts being felt by larger cultural organizations.
  • This report, based on a survey of 89 performing arts organizations in the spring of 2009, examines the financial implications of the recession on theatres, orchestras, operas and dance companies in Canada. Unfortunately, the report does not provide an estimate of the margin of error, given the number of survey respondents.
  • This study is based on a survey of 14 members of the International Federation of Arts Councils and Culture Agencies (IFACCA) in December 2008 and January 2009. At the time of the survey, many of these world-wide respondents were "unsure about the extent, nature and timing of the impacts" of the recession.