Painted Bride’s building purchase: A bold brand new concept or a decision that is perilous?

Painted Bride’s building purchase: A bold brand new concept or a decision that is perilous?

As soon as the Painted Bride Art Center announced at the conclusion of November so it would offer its mosaic-sheathed building at 230 Vine St. in Old City and employ the profits in order to become a “project-based” organization, the Philadelphia cultural globe reacted with a combination of sadness — and never an anxiety that is little.

“This choice claims plenty about arts funding into the town,” stated Nell that is performer Bang-Jensen 29. “It scares me being a more youthful musician.”

Yet director that is executive Raczka, 57, claims the Bride’s money is fairly stable at this time. There’s no deficit that is operating the sole long-lasting financial obligation is the building home loan, which is paid down in 2019.

Nonetheless, “we’ve been struggling each 12 months to maintain our budget requirements and financing,” Raczka stated. “there is more competition – so numerous activities occurring in the city, therefore venues that are many. Continue reading “Painted Bride’s building purchase: A bold brand new concept or a decision that is perilous?”