June 11, 2018·Ranson Financial·1 min read

Among the many ways the city is looking to recoup a $3 million deficit in operating revenue is the possible closure of the boutique and gallery within CityArts.

“I’d say it’s too early to get too concerned with it at this point,” says John D’Angelo, the city’s manager of arts & cultural services.

“They’re just looking at alternatives,” he says. “What kind of changes could be made to the CityArts operation . . . that would achieve some savings?”

D’Angelo says CityArts costs the city $800,000 annually and recoups only about $300,000 from class fees. The gallery and boutique make $50,000, but artists and the Arts Council share that profit.

Source: Carrie Rengers: Business Columns & Blogs |Read the full story ↗

Planning a project in your community?

Talk with our municipal advisory team about financing options.

Contact us