New York’s Richest Cultural Groups
Posted by | Posted in New york | Posted on 20-04-2010-05-2008
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New York’s largest cultural group is the Metropolitan Museum of Art, according to a report released by nonprofit arts advocacy group Alliance for the Arts and sponsored by Crain’s New York Business. With operating expenses of $309 million in 2008, the Met proves to be a dominant presence, beating out its closest rival, the Metropolitan Opera Association, by more than $40 million. The report estimates that the city’s 100 biggest-spending cultural groups have a total economic impact of $5.8 billion.
Looking at the numbers from a different perspective, one can also see which groups have been able to accomplish big things with relatively modest financial outlays.