2013 Budget Proposes Increase in Arts Funding
Last Monday, President Obama announced that the 2013 budget includes a 5% increase for arts and cultural organizations. According to the Los Angeles Times, the budget aims to increase arts spending from $1.501 billion to $1.576 billion for the following organizations: the National Endowments for the Arts and Humanities (NEA and NEH), the Institute of Museum and Library Services (IMLS), the Smithsonian Institution, the Kennedy Center for the Performing Arts and the National Gallery of Art. The breakdown is as follows:
- NEA and NEH: The NEA and NEH would get a 5.5% increase (up to $154.255 million from $146 million in 2012).
- IMLS: They budget proposes $231.9 million for IMLS, a $439,000 reduction.
- Smithsonian Institution: The Smithsonian Institution would receive $856.8 million, a 3.7% increase for its operating budget, in addition to 12.3% increase in capital expenditures.
- National Gallery of Art: The 2013 budget proposes a 5.2% increase in the operating budget and an $8.5-million increase in spending for renovations and repairs.
- Kennedy Center for the Performing Arts: The Kennedy Center would sustain an $883,000 cut to $36 million.
- President Obama is looking to spend $445 million on the Corporation for Public Broadcasting.
- The U.S. Holocaust Memorial Museum would receive $51.8 million (a $1 million hike).
Rocco Landesman, President of the NEA, said: “A dollar invested directly through the NEA is matched by $8 of additional investment and generates $26 of economic activity in the community. In short, art works.”
To learn more about the proposed arts funding, click here.