Arts nonprofits saw revenue fall in every category in 2024. What lies ahead?
Candid
JUNE 24, 2025
The data shows that financial challenges are significant and growing as a majority of organizations are again seeing budget deficits. Contributed revenue fell across all categories from 2023 to 2024. Foundation funding, which was stable between 2022 and 2023, declined 25% in 2024, falling below pre-pandemic levels.
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