More Evidence of Recession Taking Its Toll on Charity
Another day, another story about how the economic downturn is affecting charities. This time, it’s St. Louis, where according to this story in today’s Post-Dispatch, the Children’s Museum is facing its first operating deficit in its entire 29-year history. The article also details how a number of St. Louis charities, particularly in the arts and culture sector, have cut back hours, shelved capital projects, and are otherwise retrenching. The bad part is that I don’t think we’ve seen the worst yet . . .
JDC
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