Articles

Arts endowments bouncing back

The stock market’s recovery has lifted endowments that provide major support to local arts groups, but managers are keeping the conservative attitude they were forced to adopt two years ago.

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Goodwill angles for donations during weak economy

The recovering, yet-still-weak economy puts charity retailer Goodwill in a sweet position. Consumer spending is up, so more old stuff makes its way to thrift stores. At the same time, high unemployment means the bargain hunters are still out in force.

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Not-for-profits hang out consulting shingle

Tight budgets are prompting some of the state’s largest not-for-profit organizations to launch new businesses to shore up the bottom line. The Indianapolis Museum of Art, for example, has a contract to manage the airport’s art collection.

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Arts groups prepare fundraising campaigns

This year, five organizations announced or began preparing for the launch of major campaigns. The targets ranged from $12.5 million for Heartland Truly Moving Pictures to $100 million for the Indianapolis Symphony Orchestra.

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New commission could run state museum

Interim leader is hoping that a more streamlined governance will help the struggling, state-supported museum be more successful in raising private donations and keeping CEOs.

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Former Allison executive alleges bribery

Stephen Lowe, a former Allison Transmission managing director based in Shanghai, claims the company booted him from a top post in China because he raised concerns about bribery.

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IMOCA settles in at Murphy Arts, calls off move

The Indianapolis Museum of Contemporary Art, which faltered in the summer of 2009, is on stable footing at its year-old location in Fountain Square—so much so that it won’t move closer to downtown, as it had planned.

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Children’s choir founder taps protege

Indianapolis Children’s Choir founder Henry Leck has named Josh Pedde as the first assistant artistic director in the 25-year history of the not-for-profit organization.

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