{"id":1228,"date":"2008-10-30T01:23:55","date_gmt":"2008-10-30T08:23:55","guid":{"rendered":"http:\/\/www.artsjournal.com\/artfulmanager\/wp\/2008\/10\/diversify\/"},"modified":"2008-10-30T01:23:55","modified_gmt":"2008-10-30T08:23:55","slug":"diversify","status":"publish","type":"post","link":"https:\/\/www.artsjournal.com\/artfulmanager\/main\/diversify.php","title":{"rendered":"Diversify"},"content":{"rendered":"<p>Eight-year-old Milwaukee Shakespeare had a bad bit of news this month, with the <a href=\"http:\/\/www.jsonline.com\/entertainment\/arts\/33456084.html\">loss of funding from the Argosy Foundation<\/a>. It&#8217;s certainly not the only arts organization seeing losses of foundation funding, as assets for most have taken double-digit percentage declines, and cash is getting tight. But Argosy was a particularly important foundation to the theater&#8217;s bottom line, on deck to provide $925,000 of the organization&#8217;s $1.3 million budget for 2008-09.<\/p>\n<p>Says the article:<\/p>\n<blockquote><p>Milwaukee Shakespeare was uniquely vulnerable to Argosy&#8217;s cash<br \/>\nconstraints because of its unusual relationship with the foundation.<br \/>\nThe company was founded in 2000 by Abele and actor-director John<br \/>\nMaclay, two friends from their student days at Lawrence University.<br \/>\nMaclay served as Milwaukee Shakespeare&#8217;s first artistic director before<br \/>\nleaving the troupe in 2003.<\/p><\/blockquote>\n<p>There are certainly benefits to significant and singular patronage. But the plight of Milwaukee Shakespeare underscores the value of diversifying your revenue portfolio. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eight-year-old Milwaukee Shakespeare had a bad bit of news this month, with the loss of funding from the Argosy Foundation. It&#8217;s certainly not the only arts organization seeing losses of foundation funding, as assets for most have taken double-digit percentage declines, and cash is getting tight. But Argosy was a particularly important foundation to the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-1228","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-main","7":"entry"},"_links":{"self":[{"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/posts\/1228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/comments?post=1228"}],"version-history":[{"count":0,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/posts\/1228\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/media?parent=1228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/categories?post=1228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.artsjournal.com\/artfulmanager\/wp-json\/wp\/v2\/tags?post=1228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}