California nonprofits keep losing funding in what new study calls ‘the shadow of the pandemic cliff’

A new Otis College Report on the Creative Economy, titled "In the Shadow of the Pandemic Cliff," was presented at the Getty Center in Los Angeles. The report, prepared by Westwood Economics and Planning Associates, analyzes financial data from 2011 to 2023 for nonprofit cultural organizations in Los Angeles County, including museums, art schools, and performing-arts groups. It reveals that while revenues for these nonprofits surged by 47% during the early pandemic years due to special relief funding, that support has since faded. By 2023, 60% of surveyed organizations reported less public funding and 51% saw declines in private donations, a trend the report calls the "Covid cliff."