Sustaining Arts Organizations: A Study

Why are some arts groups able to persevere--and even thrive--when they are chronically 'under-capitalized' and perpetually on the brink of extinction? On the other hand, why are well-established, large institutions with sizable endowments filing for bankruptcy?

What, besides strong finances, does sustainability require? Is it possible that financial security actually deters sustainability?

Read the complete study from WolfBrown [PDF]